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Negative N(-d1)

AFM

answered on 14-Jan-25 12:14

Does the Image attached is what you meant sir? -0.029767 is represented by the left region in both the pics?

latest answer

Yes

Mohanbabu N

Mohanbabu N

CA Final

3K+

1

217

Working capital management

Financial Management

answered on 15-Jan-25 13:03

Can someone explain why, in the given problem, the factoring reserve of 12% is calculated after deducting the factor commission, instead of being calculated on the total receivables of ₹90,00,000? Additionally, what is the logic behind using 14% as the interest rate for the amount not funded by the factor, when the problem states that the book debts are financed by a mix of bank borrowings and owned funds with different cost?

latest answer

Yes you are right - Not sure why they did that. Did they issue any corrigendum. Looks like multiple errors from their side in this question

Arun Cp

Arun Cp

CA Final

6K+

7

545

LTCG u/s 112A - Set Off

Direct Taxation

answered on 16-Jan-25 07:12

If I have LTCL of say 0.8L, and LTCG u/s 112A of 1.2L, then do I get to setoff the LTCL against 0.2L or 1.2L? (Note - as per Jan 25 syllabus)

latest answer

Ok sir, thank you!

Vishnu Muraleedharan

Vishnu Muraleedharan

CA Final

32K+

2

219

Regarding market correction [13 Jan 25]

CFA

answered on 14-Jan-25 12:17

How did Good US job data played a role in indian markets correction pls explain

latest answer

Mkt correction

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

1

206

Does reviewer mean an EQCR?

Auditing

answered on 25-Jan-25 23:08

Does reviewer mean an EQCR? or any reviewer.

latest answer

He is EQCR

Manu Jacob

Manu Jacob

CA Final

6K+

1

227

Sir tax video not playing playing help some issues going o

Direct Taxation

answered on 13-Jan-25 20:57

Sir tax video not playing help Sir some issues going on Sir please help me

latest answer

If videos are not playing try the steps below 1. Close all the apps 2.Android: Settings -> Applications -> 1FIN-> Storage -> Click on 'Clear Storage' and 'Clear Cache' 3. Restart device 4. Open 1FIN app and play the video If this also does not work please try the below troubleshooting steps, it usually works. Also, note that the downloaded videos if any will get deleted in the process. 1. Uninstall the app 2. Restart phone (Important step, clears a lot of issues) 3. Install app Also, check if there are any OS updates available. If this does not work, then please do the following 3 steps and share screenshots and videos with us by a reply email to the ID - support@indigolearn.com 1. visit speedtest.in and take a screenshot of your internet speed and share it with us 2. visit whatsmyip.com and take a screenshot of your IP and send it to us 3. take another phone and make a video recording (<20 MB) of the error you are facing on your phone/laptop and share the video recording with us Once you share the above 3 we shall connect you with our Tech Team Thanks Team IL

R G

R G

CA Inter

9K+

1

223

Forex - Illustration 17

AFM

answered on 13-Jan-25 21:25

Sir, in this question, why interest rate parity (like in Illustration 16) formula is not used and ideal depreciation rate is used? As it'll make a small but a difference in forward rate (0.6681 vs 0.6683 because of annual compounding vs quarterly compounding)

latest answer

Ok sir Thank you for clarifying!

Vigneshwar M

Vigneshwar M

CA Final

2K+

2

212

AFM illustration notes excel

AFM

answered on 13-Jan-25 19:00

Sir it is password protected not able to view data

latest answer

Yes pw protected Cannot share as it is our IP yuu can look at file but not edit or view the formula

R Yashwanth Kumar

R Yashwanth Kumar

CA Final

87K+

1

205

Illus 11 & 12

Financial Reporting

answered on 15-Jan-25 13:02

Dear Sir, With respect to Inventory adjustment in CFS, Illus 11: Inventory has been restated using Closing rate (being an asset) = 12 Euro * 85 = ₹1020 Cost of Inventory (given in question)= ₹830 Unrealized Profit = ₹190 (1020-830) Here, Gain on sale as well as gain on restatement, both has been captured and eliminated as "unrealized profit" Illus 12: Sale = 4.2 Euro Cost = 2.4 Euro Profit -= 1.8 Euro Here this profit has been translated using transaction date. Why the approach done in illus 11 can't be applied here as follows? Cost = ₹199.2 (2.4*83) sale = ₹348.6 (4.2*83) Inventory as on purchase date - ₹348.6 (4.2*83) Inventory as on 31-3-x2 after restatement - ₹352.8 (4.2*84) Unrealized profit = ₹153.6 (352.8-199.2) Why the exchange difference on inventory due to restatement considered as unrealized profit in illus 11 & not in illus 12?

latest answer

In the first case parent sold to subsidiary. So inventory is in Subsidiary books in Foreign currency which has to be converted back to parent's currency. In the second case, Subsidiary has sold to parent. So there is no restatement of inventory.

Swathi S

Swathi S

CA Final

975

1

219

Arbitrage process

Financial Management

answered on 15-Jan-25 12:50

Please explain this in detailed analysis Thank you in advance

latest answer

In the question highlighted by you between levered and unleveerd firms, one chooses to withdraw money from one and invest in other because the second firm's value is lower for similar return

Eswar Aakash

Eswar Aakash

CMA Final

57K+

4

237