Forums
Demand
Economics
answered on 15-May-21 11:20
Why marginal utility of money is constant
latest answer
The marginal utility of money remains constant even though the quantity of money with the consumer is diminished by the successive purchases made by him. It is assumed that while marginal utility of a commodity varies with the quantity of the commodity purchased, the marginal utility of money remains throughout the same as the quantity of the good purchased varies. This assumption becomes necessary because the marginal utility of a commodity is measured in terms of money. It is considered desirable that the measure itself should not keep changing. When a person purchases more of a good, the amount of money with him must diminish and the marginal utility of money must increase. But this variation in the marginal utility of money is ignored and it is assumed to remain constant throughout. To facilitate the diminishing marginal utility of commodities, to provide it a context ; marginal utility of money is held constant .
siva chaitanya
CA Final
★ 8K+
1
315
Redemption of Debentures
Accountancy
answered on 15-May-21 11:37
Sir, here in icai material, the interest on debentures have not been considered, although in class sir have included it in the answer, i also feel that interest must be considered, will it be considered correct if we account for interest aswell?
latest answer
Can assume either ways. In the class I took the part of interest not paid as at times students may forget to adjust for it.
TarunGopi Katragadda
CA Inter
★ 135
2
311
Interested on capital
Corporate & Other Laws
answered on 17-May-21 10:27
(1)What is the essential criteria to partners to get interest on capital......(2) when partner with Drew money from firm as drawing why interest is charged on drawings as he is taking his capital back.
latest answer
It means if there is any provision which allows him interest with respect to any rule under trade or if there is any statutory provision which requires to give him interest on drawings
Shreesha .T.u
CA Foundation
★ 2K+
3
289
Income from other sources
Direct Taxation
answered on 14-May-21 23:41
In this chapter due to amendment in Finance Act 2020, there are some changes in Dividend Distribution Tax. I think there are some videos missing regarding sec 10(34) and 115-O. Can someone check it plz.
latest answer
Thank you!!
Sri Varshini
CA Inter
★ 575
5
418
ICAI study mat
Auditing
answered on 15-May-21 19:27
I have study material of icai for may 2020 and onwards and i have planned to appear grp 2 in nov 2021 ...s should i buy a new edition or continue with the previous one?
latest answer
Thank you sir
Kumar Sarthak
CMA Final
★ 12K+
6
397
how to do this question
Maths & Stats
answered on 15-May-21 11:35
If the interest of a money is equal to its one by nine, the rate of interest and time are equal then find rate of interest is. (a) % (b) 4½%
latest answer
Assuming, it's a simple interest that is being talked, we shall have SI = (1/9) P SI = (P x R x T)/100 implies (1/9) P = (P x R x T)/100 since, rate of interest and time are equal, we shall get 100/9 = r sqaure implies 10/3 - 3-1/3% will be interest
nisam M
CA Final
★ 23K+
1
349
Reserves
Accountancy
answered on 14-May-21 19:38
What is Dividend equalization Reserves.?
latest answer
Dividend Equalization reserve is a distributable reserve which is specifically set up to ensure that dividends remain stable for despite being changes in earnings. Dividend equalization reserve is a specific reserve.
Kishan Shettigar
CA Inter
★ 2K+
2
248
Law ca foundation
Corporate & Other Laws
answered on 15-May-21 11:03
Any tips How to learn and prepare for ca foundation law
latest answer
Great answers above. In addition, from exam perspective - this video will be helpful: https://youtu.be/4qzzxGog7j4 (How to score better marks in theory subjects in CA Exams?)
HARSH JAIN
CA Inter
★ 6K+
3
429
IEPF
Corporate & Other Laws
answered on 14-May-21 18:29
After transfering shares to IEPF(investors and education provident fund) can share holders claim them once again?if yes how they can claim?
latest answer
Yes, there is form IEPF-5 via that it can be reclaimed
Harsha Vardhan
CMA Inter
★ 2K+
1
285
Reserves
Accountancy
answered on 15-May-21 11:37
Is general reserve same as free reserve?
latest answer
Thanks for adding value. Yes, it's a special reserve, but a free reserve only. A company may not earn consistent profits every year. To maintain similar level of dividends, it may transfer amounts to a special reserve.
Punitha Krishnaraj
CA Inter
★ 4K+
5
284