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Sinking fund doubt
Maths & Stats
answered on 01-Jun-21 10:49
Hello sir We know that sinking fund formula is A= P . A(n,i) Where A is future value P is periodic payment But what is A(n,i) equal to Is it 1) A[(1+i)^n-1/i] Or 2). (1+i)^n-1/i I got this doubt because of example 35 in icai In one place the value is 15.937 and in one place it is 3,00,000 in the same problem I have attached the screenshot for your consideration This is really confusing sir Please solve my problem
latest answer
Thank you
Santosh pal
CA Inter
★ 820
7
955
AS-18
Accountancy
answered on 31-May-21 15:57
Can transaction between employer and employee treated as related party transactions?
latest answer
Thank you sir!
srinidhi srinivas
CMA Final
★ 8K+
2
630
Ratio analysis
Financial Management
answered on 01-Jun-21 23:49
What is the formula for capital employed ??? Capital employeed is equal to proprietary fund plus debt if any . And proprietary fund includes reserves and surplus na . Then here why did they deducted reserves from proprietary fund ???
latest answer
Thank u very much sir, didn't expected reply from you ð??? .
Enuguru Sai Nithin
CA Final
★ 78K+
6
1K+
Ratio analysis
Financial Management
answered on 02-Jun-21 11:59
Formula for debtor turnover ratio is avg debtors /cr sales In question opening debtors is not available so they calculated by using closing debtors only but in next year they should take avg debtors na then also they did not took avg debtors they took closing debtors only . Why ??? Please reply sir . For inventory turnover ratio because of opening inventory is not available they mentioned NA . Then how did they calculated DTR . ???
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Thank you
Enuguru Sai Nithin
CA Final
★ 78K+
10
740
Ratio analysis
Financial Management
answered on 01-Jun-21 09:33
What is formula for return on assets ?? Is it pat /total assets or EBIT (1-tax) /total assets ???
latest answer
PAT / Average Assets
Enuguru Sai Nithin
CA Final
★ 78K+
1
549
Leverages
Financial Management
answered on 01-Jun-21 09:37
Is formula for ROI same when firm consists of debt and when no debt ??? In list of formula list when debt conists formula is. EBIT / debt + equity . But in this sum they solved as EAT /Equity share holders fund
latest answer
ROI refers to the return of any investment made. Here You should ideally compute ROI on total Equity & Debt investment - they have computed ROE and called it as ROI - you may compute ROE and call it ROE seperately
Enuguru Sai Nithin
CA Final
★ 78K+
1
583
Sec 102
Corporate & Other Laws
answered on 31-May-21 14:02
Sir the penalty is payable to the Govt or the company? Please clarify
latest answer
The penalty is payable to the Government. Section 102(4) says in case any benefit accrues to the promoter, director etc., then they are liable to compensate the company to the extent of benefit received. Whereas Section 102(5) talks about the penalty which has to be paid, which can be Rs. 50,000 or 5 times the amount of benefit accrued, whichever is higher.
Priyanka Udeshi
CFA L1
★ 14K+
1
626
doubt
Costing
answered on 31-May-21 13:57
what is difference between cost accounting vs financial accounting
latest answer
Thank u mam
Chandramouli A
CA Inter
★ 720
2
731
Amendments
Indirect Taxation
answered on 01-Jun-21 10:44
Whether October 2020 study material includes only the amendments which have become effective as on 31.10.2020 or also the amendments not become effective as on 31.10.2020?
latest answer
Not included in the study material. For example - Finance Act 2020 Amendment to Sec 10 "119. In section 10 of the Central Goods and Services Tax Act, in sub-section (2), in clauses (b), (c) and (d), after the words â??of goodsâ??, the words â??or servicesâ?? shall be inserted." Check the material https://resource.cdn.icai.org/62133bos071220-cp3.pdf page 3.33, the amendment is not included
Nivedha Balaji
CA Final
★ 9K+
5
812
Consolidation
Accountancy
answered on 01-Jun-21 17:04
Sir Do i want to read cross holding sums in consolidation in inter level?
latest answer
No. Cross-holding sums shall not be asked at Inter level
Pradeep Ravikumar
CA Final
★ 1K+
3
692