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Material cost
Costing
answered on 28-May-21 09:25
Any one please explain the concept of inventory turnover ratio
latest answer
Inventory turnover measures how fast a company sells inventory. It is number of times inventory is sold or consumed in a given time period. A good inventory turnover ratio is between 5 and 10 for most industries, which indicates that you sell and restock your inventory every 1-2 months. Low inventory turnover means low sales, too much inventory or overstocking and poor liquidity of its inventory.
Bharadwaj V
CA Inter
★ 15
1
594
One person Company
Corporate & Other Laws
answered on 27-May-21 12:48
In opc A member is nominee to another Opc. Suddenly Nominee died and A Become member of two . Then A should withdraw from how many days . Is it 180 or 182 days sir ?
latest answer
180 days
M Naresh
CA Final
★ 3K+
2
551
One person Company
Corporate & Other Laws
answered on 27-May-21 10:41
In opc A member is nominee to another Opc. Suddenly Nominee died and A Become member of two . Then A should withdraw from how many days . Is it 180 or 182 days sir ?
latest answer
180 days as per Rule 3(3) of Incorporation Rules, 2014. There is a typo in ICAI SM
M Naresh
CA Final
★ 3K+
1
564
Cash flow statement
Accountancy
answered on 27-May-21 11:24
How to calculate depreciation 15/85 Ã? 765000( why take 85 in denominator
latest answer
Thanks so
JENIH FATHIMA
CA Inter
★ 0
2
726
contract of indremnity,contract of gauratee
Corporate & Other Laws
answered on 27-May-21 11:08
Contract of indemnity for past consideration is valid ,Contract of gaurantee if Principal debtor is minor then surety will liable or not
latest answer
Thnk you sir
Chandramouli A
CA Inter
★ 720
3
557
40(a)(3)
Direct Taxation
answered on 26-May-21 23:29
If payment made to a single person in a single day, the entire amount is disallowed or an amount exceeding Rs.10000 is disallowed u/s 40(a)(3).
latest answer
Entire amount
Balamurali Unnithan M S
CA Inter
★ 3K+
1
795
Payment of tax
Indirect Taxation
answered on 28-May-21 10:31
Please see the attached image. This is ICAI study material question. Question no. 3 can u please explain the answer given by ICAI.
latest answer
Thank you, ITC claimed is self assessed and the amounts in electronic ledger is based on self assessment of the assessee and not GSTR of assessee's suppliers.
surya prakash
CA Inter
★ 2K+
3
578
Articleship
Others
answered on 27-May-21 19:32
Can i appear for nov 21 inter exam with 6 months of articleship ?
latest answer
Direct entry - No
San Samm
CA Inter
★ 2K+
1
627
Mcq
Direct Taxation
answered on 29-May-21 07:16
Explain this q.no:21,I cannot get this
latest answer
Thnakyou sir
Sathiya Bama
CA Final
★ 24K+
4
706
Claim for loss of profit
Accountancy
answered on 27-May-21 11:27
Entity following calendar year. trend adjusting FY basis why? Anyone please (insurance claims) in respect of short sales calculations we adding trend on standard sales(corresponding PY sale)
latest answer
Thank you sirð?¤?
Krishna kumar
CA Final
★ 9K+
3
513