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Doubt???
Financial Management
answered on 09-Feb-23 12:27
What does leverage mean??. Under Fm Why we need to learn and Can anyone explain to me with a simple example
latest answer
Example to understand Leverage:- ABC ltd has return on equity at 15% and cost of debt at 10%. Now ABC Ltd can increase its debt for which the cost is lesser than return on equity. This act of increasing financial risk (increasing debt) is known as Leverage.
Balachandar S
CA Inter
★ 59K+
4
468
Ratio analysis
Financial Management
answered on 09-Feb-23 12:39
In this illustration 2, For Average debtors and average stock we're taking closing values. My question is The values in the abridged balance sheet given in the question are opening values or not? If yes why we're not using them for avg computations and op clo spcks in trading ac?
latest answer
Thanks sir
Vijay Ramesh
CA Final
★ 2K+
2
545
Ca intermediate
Exams
answered on 09-Feb-23 13:26
Iam planning to write group 1 nov 2023 . Can I write group 2 may 2024
latest answer
Yes ok brother
siddesh N
CA Inter
★ 4K+
7
617
Pgbp
Direct Taxation
answered on 09-Feb-23 10:05
Here , actually cost should be cost minus depreciation from the date of acquisition right . Y not taken here ?
latest answer
As per Section 43(1) Explanation 5 states about personal property building used for the purpose of the business or profession after 28/246, the actual cost shall be the cost to the assessee minus depreciation calculated at the rate in force since the date of its acquisition. This explanation doesnt mention about other assets.
Reetikaa R
CA Final
★ 7K+
4
494
residential status
Direct Taxation
answered on 09-Feb-23 08:28
Share warne, an Australian cricket player, has been coming to India since 1991-92 every year to play cricket and has been staying here for about 4 months. What will be his residential status for the assessment year 2019-20. after satisfying basic conditions, I have a doubt how the secondary conditions are satisfied and how can we justify he is a resident and ordinarily resident.
latest answer
Yes I got it.
Pooja Kauzu
CA Inter
★ 16K+
3
748
Banking companies
Accountancy
answered on 12-Feb-23 15:31
Can we write Bill discounting entry for this?
latest answer
Question is only on rebate part and amount to be transferred to P&L
Vasu Naidu
CA Inter
★ 0
3
574
As 19
Accountancy
answered on 12-Feb-23 15:42
Unearned finance income is difference between gross investment and net investment right?. Then why here they do like this?.. Can anyone explain
latest answer
Here they have computed PV of MLP to determine whether it is a finance lease or operating lease.
Someswar Reddy
CMA Inter
★ 240
5
780
Functions
Maths & Stats
answered on 08-Feb-23 18:31
How do you calculate inverse of a function like in q no. 16?
latest answer
Kindly refer to the attached pic.
Vedant Vijay
CA Foundation
★ 1K+
2
562
MCQ
Others
answered on 09-Feb-23 12:38
Sir for theory subjects in ca inter . ICAI process MCQ booklets right MCQ available in 1FIN app are also those only or other MCQ? Should I practice MCQ in those books as well as in this app
latest answer
you can try MCQ in Fin app. That only gives you a idea of MCQ. You have to go through ISM meticulously with conceptual clarity to crack the MCQ in ICAI examinations.
Harshitha Kalidindi
CA Final
★ 51K+
5
560
Correct entry
Accountancy
answered on 09-Feb-23 00:00
Please show the working
latest answer
You can take a suspense account instead of cash
ABU NASAR
CA Foundation
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8
432