Національний банк україни університет банківської справи харківський інститут банківської справи

Кафедра фінансів

Навчальний рік 2011-2012

Дисципліна „Фінанси підприємств”

Examination card №1

Theoretical question

Essence of the enterprise finance and connections to the firm’s goal

Practical tasks

Task 1

To calculate volume of realization of production and profit on the basis of such data:

The rests of non-realized production on the beginning of year:

• For wholesale prices of the enterprise of 100 thousand UAH.

• Under the industrial cost price of 70 thousand UAH.

Sales in planned year:

• For wholesale prices of the enterprise of 1200 thousand UAH.

• Under the industrial cost price of 1000 thousand UAH.

The rests of non-realized production on the end of the year 12 days.

Task 2

Calculate the production budget based on the following data.

On the basis of this information we can build up the sales budget. Assume that the ending inventory in each quarter is 15 % of next quarter's sales and that ending inventory for the fourth quarter is 200 units.

Sales budget

	Quarter
	1	2	3	4	TOTAL
Expected sales in units	1000	900	1100	1000
Unit sales (price UAH)	100	100	100	100

Затверджено на засіданні кафедри фінансів

Протокол №___ від ___ грудня 2011 р.

Завідуючий кафедрою Екзаменатор

__________ О.Б. Жихор ___________ Т.І. Лепейко

(підпис) (підпис)

Національний банк україни університет банківської справи харківський інститут банківської справи

Кафедра фінансів

Навчальний рік 2011-2012

Дисципліна „Фінанси підприємств”

Examination card №2

Theoretical question

1. Financial decisions at the enterprise

Practical tasks

Task 1

To calculate balance profit in the accounting period. A gain from realization of production of 20,0 thousand UAH., the VAT – 20%, commercial expenses – 1,3 thousand UAH., cost price of realized production – 12,0 thousand UAH.

Other non-realization incomes and expenses: profits – 2,1 thousand UAH., losses – 1,4 thousand UAH.

To define influence of factors on profitability of production if according to plan the profit on production realization made 12,3 thousand UAH., the full cost price of realized production – 14,0 thousand UAH.

Task 2

Prepare the direct materials budget based on following data

We assume that the ending inventory in each quarter is 10 % of next quarter's production needs and that ending materials inventory for the fourth quarter is 350 units. In order to qUAHtify the number of units to be produced and the cost in monetary units, we assume that 4 kg of materials are needed per unit of product at a cost of 1,000 UAH per kg.

Assuming that 50% of each quarter's purchases are paid in the quarter, with the remainder being paid in the following quarter, we can calculate the schedule of expected cash disbursements for direct materials purchases.

	Quarter
	1	2	3	4	TOTAL
Units to be produced	1000	900	1100	1000

Затверджено на засіданні кафедри фінансів

Протокол №___ від ___ грудня 2011 р.

Завідуючий кафедрою Екзаменатор

__________ О.Б. Жихор ___________ Т.І. Лепейко

(підпис) (підпис)