Section C (4 Mark)
Your company had the following balance sheet and income statement information for 2003:


The industry average inventory turnover is 5. You think you can change your inventory control system so as to cause your turnover to equal the industry average, and this change is expected to have no effect on either sales or cost of goods sold. The cash generated from reducing inventories will be used to buy tax-exempt securities which have a 7 percent rate of return. What will your profit margin be after the change in inventories is reflected in the income statement?

Section A (1 Mark)
Quicker attention and resolution of complaints lead to ________

Section A (1 Mark)
Which of the following is NOT a dimension of service quality?

Section B (2 Mark)
An appraiser estimates that a property will produce NOI of Rs 25,000, the Yo is 11 percent, and the growth rate is 2.0 percent. What is the total property value (unrounded)?

Section B (2 Mark)
Which of the following is/are incorrect with respect to Draft guidelines of REITs in India?