BCOE 143 key facts
- Course code: BCOE 143 (printed as BCOE-143)
- Course title: Fundamentals of Financial Management
- Programme: Bachelor of Commerce (General) BCOMG and B.Com online BCOMOL; Discipline Specific Elective, Semester V
- Credits: 6
- Blocks and units: 5 blocks, 20 units
- Maximum marks: 100 (assignment weightage 30%)
- Duration: 3 hours
- Questions in the June 2026 paper: 10, attempt any 5, 20 marks each
- Answers shown on this page: 2 (Question 1 and Question 4); all 10 in the paid file
BCOE 143 Solved Question Paper for the June 2026 term-end exam gives you the official IGNOU paper with answers written the way B.Com examiners mark them. This page shows two of the ten questions solved in full, one theory question and one numerical, so you can judge the depth before asking for the complete file on WhatsApp.
1. What the June 2026 Solved Paper Covers
BCOE 143 Fundamentals of Financial Management is a 6-credit Discipline Specific Elective in IGNOU's Bachelor of Commerce (General), studied in Semester V, that teaches investment, financing, dividend and working capital decisions.
The June 2026 paper printed ten questions of 20 marks each, and you attempt any five. Four of the ten carry numericals: debenture valuation in Question 3(b), a full project appraisal with tax and depreciation in Question 4, operating leverage in Question 5 and a working capital statement in Question 10. The rest test theory from all five blocks.
The question count keeps shifting in this course. December 2022, June 2023 and December 2023 printed nine questions, June 2025 and December 2025 printed eight, and June 2026 went back to ten, the same as December 2024. More questions means more choice, but only if you can write a numerical and a theory answer with equal confidence.
Our complete file answers every question in the order printed. Numericals carry working notes and a final decision line; theory answers open with a definition, use the headings from the IGNOU study material and close with a short conclusion, which is the structure BCOE 143 evaluators look for.
2. Two Answers Solved in Full, Eight Held Back
Questions 1 and 4 of the June 2026 paper are solved in full below; the other eight questions are listed exactly as printed and are answered only in the full file.
We picked one theory question and one numerical on purpose. Question 1 shows how we handle a 10 + 10 descriptive question, and Question 4 shows the working-note style we use for every BCOE 143 calculation.
Wealth maximisation versus profit maximisation, and short-term sources of finance
Question 1 (a): "Wealth maximization is superior than profit maximization." Explain. (10)
Question 1 (b): Discuss the different short-term sources of finance. (10)
(a) Why wealth maximisation is superior to profit maximisation
Financial management needs one clear goal against which every investment, financing and dividend decision can be tested. Two goals are usually compared: profit maximisation, the traditional view, and wealth maximisation, the modern view accepted in finance theory.
Profit maximisation says a firm should choose the actions that raise its profit the most. It comes from classical economics, where profit is the test of efficiency. It is simple to understand, but as a guide for financial decisions it has serious weaknesses.
- It is vague. Profit may mean gross profit, operating profit, profit before or after tax, total profit or earnings per share. Each can point to a different decision.
- It ignores the time value of money. A profit of ₹1 lakh this year and ₹1 lakh five years later are treated as equal, though money received earlier can be reinvested.
- It ignores risk. Two projects with the same expected profit are rated alike even if one has far more uncertain returns.
- It encourages a short-term view. Cutting research, training or maintenance raises this year's profit while damaging future earnings.
- It relies on accounting profit, not cash. Profit depends on accounting policies, while shareholders are paid out of cash flows.
Wealth maximisation, also called value maximisation or net present worth maximisation, says management should take decisions that raise the net present value of the firm to its shareholders. For a listed company this is reflected in the market price of its equity shares.
W = V − C, where V is the present value of expected cash benefits discounted at a rate K that reflects their timing and risk, and C is the investment required. (Ezra Solomon)
A decision is worthwhile only if W is positive, meaning it adds to shareholders' wealth.
(a) Why wealth maximisation is superior
- Cash flows, not accounting profit: the goal is based on cash benefits, which are clearly defined and cannot be changed by accounting choices.
- Time value is built in: benefits are discounted, so earlier returns count for more than later ones.
- Risk is built in: a riskier project is discounted at a higher rate K, so its value falls unless its return is high enough.
- Long-term focus: the share price reflects expected future cash flows, so decisions that hurt the future are penalised now.
- One test for all decisions: investment, financing and dividend decisions can all be judged by their effect on share value, which links directly to NPV analysis.
Illustration. Project A earns ₹1,00,000 at the end of year 1; Project B earns ₹1,20,000 at the end of year 3. Profit maximisation picks B because its total is higher. At a 10% discount rate, A is worth ₹1,00,000 × 0.909 = ₹90,900 today and B is worth ₹1,20,000 × 0.751 = ₹90,120. Wealth maximisation correctly prefers A.
Critics point out that share prices also move with market sentiment and that managers may pursue their own interests instead of shareholders'. These are limits of measurement and control rather than of the goal itself, and modern practice treats wealth maximisation as the main objective, pursued within legal and social responsibilities.
Conclusion: profit maximisation is simple but ignores timing, risk and cash, while wealth maximisation accounts for all three. That is why wealth maximisation is regarded as the superior and operationally useful objective of financial management.
(b) Short-term sources of finance
Short-term finance is money raised for a period of up to one year, mainly to fund current assets such as raw material, stock and debtors. The choice among sources depends on cost, availability, flexibility and the security the firm can offer.
- Trade credit. Suppliers allow the firm to pay for goods some time after delivery. It is spontaneous and needs no formal agreement, which makes it the largest short-term source for most firms. It is not always cheap: under terms of 2/10, net 30, giving up the discount costs about 2/98 × 365/20, roughly 37% a year.
- Accrued expenses and customer advances. Wages, taxes and other expenses are paid after the service is used, so the firm enjoys funds for the gap at no interest cost. Advances received from customers against orders work the same way and are common in made-to-order businesses.
- Bank credit. Banks are the main formal source. They lend through cash credit against hypothecation or pledge of stock and debtors, overdraft on current account up to an agreed limit, short-term loans, and purchase or discounting of bills, where the bank pays the firm now and collects from the buyer on the due date.
- Commercial paper. A commercial paper is an unsecured promissory note issued by companies with a strong credit rating. In India it is regulated by the Reserve Bank of India and is issued for maturities from 7 days up to one year, usually at a discount, so large firms can borrow below bank rates.
- Factoring. The firm sells its receivables to a factor, which advances most of the invoice value at once and collects from customers later. Factoring may be with recourse, where the firm bears bad debts, or without recourse, where the factor bears them. It also saves the firm the work of collection.
- Public deposits. Companies may accept deposits from the public for short periods, subject to the Companies Act and its deposit rules. They are unsecured, avoid bank formalities and suit well-known companies that the public trusts.
- Inter-corporate deposits and instalment credit. Companies with surplus cash lend to other companies for short periods, often at rates close to the market. Instalment credit lets a firm acquire assets and pay the price in instalments along with interest.
Conclusion: spontaneous sources such as trade credit and accruals cost little but are limited, while bank credit, commercial paper and factoring give larger and more flexible funds at an explicit cost. A sound firm uses a mix that matches the size and duration of its working capital needs.
ABC Ltd.: payback, average rate of return, NPV and profitability index
Question 4: ABC Ltd. is considering investing in a project that costs ₹10,00,000. The estimated salvage value is zero. Tax rate is 40%. The company uses straight line depreciation for tax purposes and the proposed project has cash flows before tax as follows: Year 1 ₹2,00,000; Year 2 ₹3,00,000; Year 3 ₹4,50,000; Year 4 ₹4,50,000; Year 5 ₹6,50,000.
Determine the following: (i) Pay Back period (ii) Average Rate of Return (iii) NPV at 14% required rate of return (iv) Profitability Index (PI). (20)
Working note 1: depreciation
The project has a five-year life and zero salvage value, so straight line depreciation = (₹10,00,000 − 0) ÷ 5 = ₹2,00,000 per year. Depreciation is a non-cash expense, so it is deducted to find tax and then added back to find cash flow after tax (CFAT).
Working note 2: profit after tax and cash flow after tax
| Year | CFBT | Depreciation | Profit before tax | Tax at 40% | Profit after tax | CFAT (PAT + depreciation) | Cumulative CFAT |
|---|---|---|---|---|---|---|---|
| 1 | 2,00,000 | 2,00,000 | 0 | 0 | 0 | 2,00,000 | 2,00,000 |
| 2 | 3,00,000 | 2,00,000 | 1,00,000 | 40,000 | 60,000 | 2,60,000 | 4,60,000 |
| 3 | 4,50,000 | 2,00,000 | 2,50,000 | 1,00,000 | 1,50,000 | 3,50,000 | 8,10,000 |
| 4 | 4,50,000 | 2,00,000 | 2,50,000 | 1,00,000 | 1,50,000 | 3,50,000 | 11,60,000 |
| 5 | 6,50,000 | 2,00,000 | 4,50,000 | 1,80,000 | 2,70,000 | 4,70,000 | 16,30,000 |
| Total | 20,50,000 | 10,00,000 | 10,50,000 | 4,20,000 | 6,30,000 | 16,30,000 | — |
(i) Payback period
Cumulative CFAT reaches ₹8,10,000 at the end of year 3. The balance still to be recovered is ₹10,00,000 − ₹8,10,000 = ₹1,90,000, and year 4 brings in ₹3,50,000.
Payback period = 3 years + (1,90,000 ÷ 3,50,000) = 3 + 0.543 = 3.54 years, or about 3 years 6.5 months.
(ii) Average rate of return
Average profit after tax = ₹6,30,000 ÷ 5 = ₹1,26,000. Average investment = (initial cost + salvage value) ÷ 2 = (₹10,00,000 + 0) ÷ 2 = ₹5,00,000.
ARR = 1,26,000 ÷ 5,00,000 × 100 = 25.2%. If the examiner expects ARR on original investment, it is 1,26,000 ÷ 10,00,000 × 100 = 12.6%. Writing the formula you use earns method marks either way.
Working note 3: present value of CFAT at 14%
| Year | CFAT | PV factor at 14% | Present value |
|---|---|---|---|
| 1 | 2,00,000 | 0.877 | 1,75,400 |
| 2 | 2,60,000 | 0.769 | 1,99,940 |
| 3 | 3,50,000 | 0.675 | 2,36,250 |
| 4 | 3,50,000 | 0.592 | 2,07,200 |
| 5 | 4,70,000 | 0.519 | 2,43,930 |
| Total present value of cash inflows | 10,62,720 | ||
(iii) Net present value
NPV = present value of inflows − initial outlay = ₹10,62,720 − ₹10,00,000 = ₹62,720. Using unrounded factors the NPV comes to about ₹63,072; the small gap is only from rounding the table to three decimals.
(iv) Profitability index
PI = present value of inflows ÷ initial outlay = 10,62,720 ÷ 10,00,000 = 1.06 (1.063).
Decision: the NPV is positive and the PI is above 1, so the project earns more than the 14% required return and should be accepted. The payback of 3.54 years within a five-year life and an ARR of 25.2% on average investment support the same decision.
3. Questions Answered Only in the Full File
These 8 questions from the same June 2026 paper are reproduced exactly as printed. Their complete answers, including the Question 3(b) debenture valuation, the Question 5 leverage calculation and the Question 10 working capital statement, are in the paid file only.
Question 2: What are the various capital budgeting techniques in selection of project proposal? Elaborate. (20)
Question 3 (a): Explain the meaning and importance of cost of capital. How is the combined cost of capital calculated? (10)
Question 3 (b): Mr. A has invested in 8% Debentures of ₹2,000 which are redeemable after 8 years at a premium for ₹2,200. Calculate the value of the debenture if the required rate of return is 15%. (10)
Question 5: The following data are available for X Ltd.: Selling price per unit ₹120; Variable cost per unit ₹70; Fixed cost ₹2,00,000. (20)
(a) What is the operating leverage when X Ltd. produces and sells 6,000 units?
(b) What is the percentage change that will occur in the EBIT of X Ltd. if output increases by 7%?
Question 6: What is capital structure? Discuss the Modigliani-Miller (MM) approach and the traditional approach of capital structure. (20)
Question 7: Write short notes on the following. (10 + 10)
(a) Approaches of Current Asset Financing
(b) Motives of Holding Cash
Question 8 (a): What is Credit Policy? Discuss the credit policy variables. (10)
Question 8 (b): What is Working Capital? Discuss the factors affecting working capital. (10)
Question 9: Write explanatory notes on any two of the following. (10 + 10)
(a) EOQ Model
(b) Types of Risk
(c) Types of Leverage
(d) Types of Dividend
Question 10: The management of XYZ Ltd. has called for a statement showing the working capital requirement to finance a level of activity of 1,80,000 units of output for the year. From the data below, calculate the Statement of Working Capital. (20)
Cost structure: Raw Material ₹20 per unit; Direct Labour ₹5 per unit; Overhead ₹15 per unit; Profit ₹10 per unit; Selling price ₹50 per unit.
Additional information: (a) Raw materials are held in stock, on average, for 2 months. (b) Work in progress (assume 50% completion stage) will approximate to half a month's production. (c) Finished goods remain in the warehouse on average for a month. (d) Suppliers of materials extend a month's credit and debtors are provided two months' credit; cash sales are 25% of total sales. (e) There is a time lag in payment of wages of a month and half a month in case of overheads. (f) Minimum desired cash balance is ₹20,000.
4. Syllabus by Block and Unit
BCOE 143 is taught through 5 blocks and 20 units, moving from the goals of finance to investment, financing, dividend and working capital decisions.
The table follows the block and unit titles of the course material, with the topics that most often turn into exam questions for each block.
| Block | Units | Topics examiners draw on |
|---|---|---|
| Block 1: Introduction to Financial Management | Unit 1 Financial Management: An Overview; Unit 2 Time Value of Money; Unit 3 Sources of Finance; Unit 4 Risk and Return | Profit versus wealth maximisation and the finance manager's role; compounding, discounting and annuities; systematic and unsystematic risk with CAPM |
| Block 2: Investment Decisions | Unit 5 Capital Budgeting: An Introduction; Unit 6 Techniques of Capital Budgeting-I; Unit 7 Techniques of Capital Budgeting-II; Unit 8 Capital Budgeting under Risk and Uncertainty | Estimating cash flows after tax; payback, ARR, NPV, IRR and profitability index; risk-adjusted discount rate and certainty equivalent |
| Block 3: Financing Decisions | Unit 9 Cost of Capital; Unit 10 Valuation of Securities; Unit 11 Capital Structure Decision; Unit 12 Leverage: Operating, Financial and Combined | Specific costs and weighted average cost of capital; value of bonds, debentures and shares; NI, NOI, traditional and MM approaches with degrees of leverage |
| Block 4: Dividend Decisions | Unit 13 Dividends: An Overview; Unit 14 Dividend Theories-I; Unit 15 Dividend Theories-II; Unit 16 Dividend Policy Decisions | Forms of dividend and legal conditions for declaring it; Walter, Gordon and MM irrelevance models; factors that shape a stable dividend policy |
| Block 5: Working Capital Decisions | Unit 17 Working Capital: An Introduction; Unit 18 Cash Management; Unit 19 Receivables Management; Unit 20 Inventory Management | Operating cycle and estimating working capital; Baumol and Miller-Orr cash models; credit policy variables, EOQ and ABC analysis |
Block 3 carries the heaviest numerical load, since cost of capital, bond valuation and leverage all appear there. The official unit files are listed on the eGyanKosh BCOE-143 course page.
If you are still reading the units, pair the solved paper with our BCOE 143 Study Material so each answer maps back to the unit it came from.
5. Question Paper Pattern and Marks Split
The BCOE 143 term-end exam is a 3-hour, 100-mark paper in which you answer any five questions of 20 marks each.
In June 2026, Questions 2, 4, 5, 6 and 10 were single 20-mark questions, while Questions 1, 3, 7, 8 and 9 were split into two 10-mark parts. Question 9 offered four short-note options, of which you write any two.
| Session | Questions printed | Numerical questions |
|---|---|---|
| December 2022 | 9 (attempt 5) | Q3(b) payback period; Q7(b) financial leverage and EPS |
| June 2023 | 9 (attempt 5) | Q3(b) average rate of return; Q4(b) composite leverage; Q8(b) EOQ |
| December 2023 | 9 (attempt 5) | Q3 payback and NPV for two machines; Q4(b) cost of debt; Q7 Walter's model share value |
| December 2024 | 10 (attempt 5) | Q3(b) payback period; Q4(a) cost of equity with growth |
| June 2025 | 8 (attempt 5) | Q2(b) operating, financial and combined leverage; Q3 payback and NPV for two machines |
| December 2025 | 8 (attempt 5) | Q6(b) EOQ; Q7(a) cost of preference shares |
| June 2026 | 10 (attempt 5) | Q3(b) debenture value; Q4 payback, ARR, NPV and PI; Q5 operating leverage; Q10 working capital statement |
June 2026 set more numerical marks than any recent BCOE 143 paper, with four questions built on calculation. A student who skips numericals still has six theory questions to choose from, but loses the most predictable marks.
To practise these patterns across sessions, open the official papers in our IGNOU Previous Year Question Paper collection alongside this solved file.
6. Topics That Keep Returning in BCOE 143
Leverage, dividends, working capital and inventory management appeared in all six official BCOE 143 papers we checked, from December 2022 to December 2025.
We read every question in the December 2022, June 2023, December 2023, December 2024, June 2025 and December 2025 papers published by IGNOU. The June 2024 paper was not available on IGNOU's site when we checked, so it is not counted. The last column shows where each topic sits in the June 2026 paper.
| Topic | Unit | Sessions it appeared | Count (of 6) | In June 2026 |
|---|---|---|---|---|
| Leverage: operating, financial, combined | Unit 12 | Dec 2022, Jun 2023, Dec 2023, Dec 2024, Jun 2025, Dec 2025 | 6 | Q5, Q9(c) |
| Dividend forms, theories and policy | Units 13 to 16 | Dec 2022, Jun 2023, Dec 2023, Dec 2024, Jun 2025, Dec 2025 | 6 | Q9(d) |
| Working capital concept, types and determinants | Unit 17 | Dec 2022, Jun 2023, Dec 2023, Dec 2024, Jun 2025, Dec 2025 | 6 | Q7(a), Q8(b), Q10 |
| Inventory management, EOQ and JIT | Unit 20 | Dec 2022, Jun 2023, Dec 2023, Dec 2024, Jun 2025, Dec 2025 | 6 | Q9(a) |
| Capital budgeting numericals (payback, ARR, NPV) | Units 6 and 7 | Dec 2022, Jun 2023, Dec 2023, Dec 2024, Jun 2025 | 5 | Q4 (Sample 2) |
| Capital budgeting process and NPV versus IRR | Units 5 to 7 | Dec 2022, Jun 2023, Dec 2024, Jun 2025, Dec 2025 | 5 | Q2 |
| Risk and return, types and measurement of risk | Unit 4 | Dec 2022, Jun 2023, Dec 2023, Dec 2024, Jun 2025 | 5 | Q9(b) |
| CAPM and arbitrage pricing theory | Unit 4 | Dec 2022, Jun 2023, Dec 2023, Dec 2024, Dec 2025 | 5 | — |
| Cost of capital, specific costs and WACC | Unit 9 | Jun 2023, Dec 2023, Dec 2024, Jun 2025, Dec 2025 | 5 | Q3(a) |
| Capital structure factors and theories | Unit 11 | Dec 2022, Jun 2023, Dec 2023, Dec 2024, Dec 2025 | 5 | Q6 |
| Cash management, cash budget and cash models | Unit 18 | Dec 2022, Jun 2023, Dec 2023, Dec 2024, Dec 2025 | 5 | Q7(b) |
| Meaning, scope and evolution of financial management; finance manager's role | Unit 1 | Dec 2022, Jun 2023, Dec 2024, Jun 2025, Dec 2025 | 5 | — |
| Sources of finance, short and long term | Unit 3 | Dec 2023, Dec 2024, Jun 2025, Dec 2025 | 4 | Q1(b) (Sample 1) |
| Receivables, credit terms and factoring | Unit 19 | Dec 2022, Jun 2023, Dec 2024, Dec 2025 | 4 | Q8(a) |
| Preference shares, debentures, bonds and their valuation | Unit 10 | Dec 2022, Jun 2023, Dec 2023, Jun 2025 | 4 | Q3(b) |
| Profit versus wealth maximisation | Unit 1 | Dec 2023, Jun 2025 | 2 | Q1(a) (Sample 1) |
Two patterns stand out. Working capital almost always comes with a calculation, whether EOQ, a cash budget or a requirement statement. And the CAPM, asked in five of six earlier papers, was left out in June 2026, which makes it a strong candidate for December 2026.
For a question-by-question shortlist built on these counts, see our IGNOU Solved Guess Paper page for the coming session.
7. How Our Answers Are Written and Checked
Every BCOE 143 answer is drafted against the eGyanKosh unit it comes from and then checked by a second reviewer, with each numerical recalculated from scratch.
Theory answers use the unit's own terms, such as operating cycle, trading on equity or residual theory, because examiners mark against the course material. A 10-mark part is written to fill roughly two pages; a 20-mark question gets a fuller answer with an introduction, headed points and a conclusion.
Numericals follow one layout: data, working notes, answer, decision. Present values use three-decimal factors, since that is how most students work in the exam hall. Where exact factors change the result, as with the ₹62,720 versus ₹63,072 NPV above, we say so, so you are not confused if a textbook shows a slightly different figure.
We also read the June 2026 paper against earlier BCOE 143 papers before writing. Where a question repeats an older one, such as capital structure theories or working capital determinants, the answer is written so it also works for the older wording.
8. Solved File Index: Which Questions Sit Where
The full BCOE 143 file answers all 10 June 2026 questions; 2 are shown on this page and 8 are in the file only.
BCOE 143 is a theory course with no practical or lab component, so instead of a practical index we map every question to its unit and tell you where its answer sits.
| Question | Topic | Unit | Marks | Where the answer is |
|---|---|---|---|---|
| Q1 | Wealth versus profit maximisation; short-term sources of finance | Units 1 and 3 | 10 + 10 | Sample 1 above |
| Q2 | Capital budgeting techniques for project selection | Units 6 and 7 | 20 | Full file |
| Q3 | Cost of capital and combined cost; value of 8% debenture | Units 9 and 10 | 10 + 10 | Full file |
| Q4 | ABC Ltd.: payback, ARR, NPV at 14%, profitability index | Units 6 and 7 | 20 | Sample 2 above |
| Q5 | X Ltd.: operating leverage and change in EBIT | Unit 12 | 20 | Full file |
| Q6 | Capital structure: MM and traditional approaches | Unit 11 | 20 | Full file |
| Q7 | Current asset financing approaches; motives of holding cash | Units 17 and 18 | 10 + 10 | Full file |
| Q8 | Credit policy variables; factors affecting working capital | Units 19 and 17 | 10 + 10 | Full file |
| Q9 | Short notes: EOQ, types of risk, leverage and dividend | Units 20, 4, 12 and 13 | 10 + 10 | Full file |
| Q10 | XYZ Ltd.: statement of working capital requirement | Unit 17 | 20 | Full file |
Sitting other B.Com papers this term too? Our BCOMG Question Paper section groups the solved papers for the same programme.
9. Programmes That Carry BCOE 143
BCOE 143 is a Discipline Specific Elective in IGNOU's B.Com, placed in Semester V alongside Company Law.
It is studied in the Bachelor of Commerce (General) programme, BCOMG, where it builds on Financial Accounting, Corporate Accounting and Cost Accounting from earlier semesters. The online B.Com, BCOMOL, lists it in Semester V as a 6-credit elective, and its Semester VI partner is BCOE-142 Management Accounting.
If your hall ticket shows BCOE-143 under any other commerce or business programme, check your own programme guide for the semester. The paper, marks and pattern are the same, so this solved file applies to you without change.
10. How to Get the Full Solved Question Paper
Message 9899436384 on WhatsApp with "BCOE 143 June 2026" to get the complete file with answers to all 10 questions, including the 8 not shown on this page.
The file is a PDF you can read on your phone or print. It includes the two sample answers above plus the remaining eight: the capital budgeting techniques essay, cost of capital with the debenture value, the X Ltd. leverage numerical, MM and traditional theories, both short-note questions, credit policy with working capital factors, and the XYZ Ltd. statement.
Order a few weeks before your exam, so you have time to write out the numericals yourself at least once. Copying a solution teaches you far less than reworking it.
11. BCOE 143 Fundamentals of Financial Management FAQs
Quick answers to what BCOE 143 students ask before ordering the June 2026 solved paper.
Which questions are solved on this page?
Two questions are solved in full on this page: Question 1 on wealth versus profit maximisation and short-term sources of finance, and Question 4, the ABC Ltd. project numerical covering payback, average rate of return, NPV at 14% and profitability index. The other eight questions appear only as printed text. Their answers sit in the complete file, which you can request on WhatsApp 9899436384.
How do I get the full solved question paper on WhatsApp?
Send a WhatsApp message to 9899436384 with the words BCOE 143 June 2026. Our team replies with the price and payment details, and once payment is confirmed you receive the complete PDF. It contains answers to all 10 questions of the paper: the 2 shown on this page and the 8 that are listed here only as question text.
How many questions must I attempt in the BCOE 143 exam?
You attempt any five questions and every question carries 20 marks, so the paper totals 100 marks in three hours. The June 2026 paper printed ten questions, which gave a wide choice. Five were split into two 10-mark parts and five were single 20-mark questions, including the ABC Ltd. capital budgeting problem and the XYZ Ltd. working capital statement.
Are the numericals solved step by step in the full file?
Yes. Every BCOE 143 numerical is laid out the way an examiner reads it: given data first, then working notes, then the final answer with a one-line decision. In Question 4 on this page, for example, depreciation and tax are worked out before cash flows after tax, and each discount factor is shown beside its year so marks for method are easy to award.
Which BCOE 143 topics repeat most often?
Across the six official papers we checked, from December 2022 to December 2025, leverage, dividend theory and policy, working capital, and inventory management each appeared in all six. Capital budgeting numericals, risk and return, CAPM, cost of capital, capital structure and cash management appeared in five. The June 2024 paper was not available on IGNOU's site, so it is not counted.
How many credits and blocks does BCOE 143 carry?
BCOE 143 carries 6 credits as a Discipline Specific Elective in Semester V of IGNOU's B.Com programme. The eGyanKosh material is organised in five blocks: Introduction to Financial Management, Investment Decisions, Financing Decisions, Dividend Decisions and Working Capital Decisions, with 20 units in all. The assignment carries 30% weightage and the term-end exam the remaining 70%.
Is the June 2026 solved paper useful for the December 2026 exam?
Yes, because BCOE 143 papers draw on the same blocks every session. Leverage, working capital and dividend questions have appeared in every paper we checked, and a capital budgeting numerical with payback or NPV has come in five of the six. Solving the June 2026 paper gives you fresh practice on exactly those areas before the December 2026 term-end exam.
Who wrote and reviewed the BCOE 143 answers?
The answers were prepared by Prateek Talwar and reviewed by Sheetal Kirola at Unnati Educations. Theory answers follow the eGyanKosh unit headings so the examiner finds familiar terms, and every numerical was recalculated during review. Where printed discount tables and exact values give slightly different results, the answer uses the three-decimal table method and says so clearly.
Still unsure which questions to prioritise? Send your BCOE 143 query on WhatsApp 9899436384 and our team will reply.
12. Who Wrote and Checked the BCOE 143 Answers
The BCOE 143 answers were prepared by Prateek Talwar and reviewed by Sheetal Kirola at Unnati Educations.
Prateek Talwar is a Company Secretary who prepares IGNOU commerce solved papers from the course blocks and the official term-end paper. Sheetal Kirola, Academic Head (M.Ed.), recalculates every numerical from scratch and checks each theory answer against the eGyanKosh unit headings before release.