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Portfolio Management - Illustration 7

AFM

answered on 19-Apr-23 07:33

Hello Sir, In the Illustration 7, we are comparing the return as per CAPM and Expected return, but isnt the return as per CAPM is the expected return. Should we compare the CAPM return with the market return to decide on the investment?

latest answer

Think of it as Theoretical vs. Estimated

Suresh Avinash

Suresh Avinash

CA Final

3K+

2

558

Is Freight charges a part of production cost

Accountancy

answered on 19-Apr-23 13:28

Does the carriage charges for transfer the raw materials from godown to factory is a part of production cost and recorded in manufacturing a/c?

latest answer

Fright charge will make a part of prime cost Hence it will be recorded in mfg account

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

2

436

AS 3

Accountancy

answered on 18-Apr-23 23:30

Will Short term deposit be treated as cash and cash equivalent or under investing activities ??

latest answer

Cash & cash equivalents

Reetikaa R

Reetikaa R

CA Final

7K+

1

411

Exemption

Indirect Taxation

answered on 19-Apr-23 12:30

Annual royalty Payable by lease holder to government is taxable under RCM or FCM? In case of assignment of right to mine or explore petroleum

latest answer

Thank you mam

SREEABITHA SENTHILKUMAR

SREEABITHA SENTHILKUMAR

CA Inter

1K+

2

540

Debtors/ Receivables Calculation

Financial Management

answered on 20-Apr-23 20:14

In Chapter 10, FM, G-2, Book back problems like 4, 6,7 Debtors have been calculated after finding Cash cost of sales and then applied-- Cash cost of sales* debtors period / 360, but in some problem like before 4,6, 7 they had calculated Debtors value as Sales * Debtors period/360.. why such treatment in that such sums alone... Please tell me if anyone know.

latest answer

Haan sir thank you

Saravana Perumal

Saravana Perumal

CA Final

3K+

7

499

Sec 80JJAA

Direct Taxation

answered on 18-Apr-23 21:52

Please answer, Wheather deduction of 30% of Additional employee cost will allow in c y. Only or in next 2 yrs also. Im not asking for additional cost of subsequent yr please note.

latest answer

In next 2 yrs also The new employee's first 3 eligible years

Hiren Ghadiya

Hiren Ghadiya

CA Inter

1K+

1

425

Salaries

Direct Taxation

answered on 19-Apr-23 11:37

Why are MEDICAL EXPENSES REIMBURSED taxable in this problem

latest answer

Because there is no mention of prescribed disease treatment. It is assumed it is normal medical expenses

Kriti Iyer

Kriti Iyer

CA Inter

3K+

7

470

GST RETURN

Indirect Taxation

answered on 19-Apr-23 12:53

From Financial year 2023-2024,an registered dealer opted for composition scheme. Under which scheme March 2023 GST return has to be filed? Regular or Composition?

latest answer

Sir, Thank you

Chitra Surendiran

Chitra Surendiran

CA Final

0

3

457

AS 1

Accountancy

answered on 30-Apr-23 10:57

Plss explain this answer

latest answer

As per AS-1, Entity should apply Accounting Polices which are prudent i.e where expenses are recognised even if uncertain. Also AS 1 required application of Accrual assumption where expenses are recognised on time/period basis not on payment basis. In the given case, XYZ ltd has ICDs whose repayment is delayed, as such Accrual concept specifies that Interest should be provided for delayed period of repayment. Since the rate is not certain entity should make best estimate of expected rate of Interest. Hence Accounting Polices for not providing interest on delayed payment is not correct.

Reetikaa R

Reetikaa R

CA Final

7K+

5

458

Deduction

Direct Taxation

answered on 18-Apr-23 23:57

Sir can you please help me out with repeatedly asked deduction u/c Vi a ( appearing for May 23)

latest answer

Thank you. :)

Nitu Choudhary

Nitu Choudhary

CA Inter

970

2

402