Forums
Calculation of in RTP is wrong?
AFM
answered on 16-Oct-24 22:07
Sir, as per illustration 29, we are taking back for 914 that is after bad debt provision net of taxes, but now as per RTP, they have did gross as well as in WACC calculation, they did not take the provisional equity. You can find the image. Please suggest.
latest answer
That is so unfortunate and patently incorrect solution by the institute ideally examiners should give marks based on the logical solution of adjusting tax and non cash items everywhere I would suggest that you make suitable assumptions in exam and if time permits give both solutions
kabilan sam
CA Inter
★ 3K+
1
538
Doubt on yield
AFM
answered on 16-Oct-24 21:32
Sir in this sum during last year annualised yield is 73.52% and we do consider it of 33 months (73.52*3*33\36) comes to 202.18% why are we not reducing the dividend received 30% as we did for earlier year? Please clarify sir
latest answer
Sir really great sir🙏🏼🙏🏼,
kabilan sam
CA Inter
★ 3K+
2
490
Itc
Indirect Taxation
answered on 26-Oct-24 10:59
Self assessment of ITC can be done without filing GSTR 1 ? If no then when it’s done ?
latest answer
Thank you
Sushmita Chowdhury
CA Inter
★ 2K+
7
583
Disclosures under Short Term Borrowings and Under Other Current Liabilities
Accountancy
answered on 18-Oct-24 13:18
Hello, 1. There is a separate line item for Share Application Money Pending Allotment on the balance sheet. Can you please explain the inclusion of ' Application Money Received for Securities ', under Other Current Liabilities? 2. Current Maturities of Long Term Borrowings are included under Short Term Borrowings and under Other Current Liabilities. Which one is the correct one?
latest answer
1. for other securities. 2. Current liabilities.
V V
CA Inter
★ 3K+
1
275
Mutual Fund- Closing value of Units
AFM
answered on 16-Oct-24 15:56
Sir, When we separate Dividend & CG , What is the difference between Closing & Opening Value is called
latest answer
Div & CG both are distributions Div is Div Distribution & CG is increase in NAV distribution After doing these two also if there is an increase in Closing NAV as compared to opening - that amount is portfolio appreciate not declared as dividend to Investor
priyadharshini priya
CA Final
★ 2K+
1
259
Final accounts for manufacturing entities
Accountancy
answered on 16-Oct-24 15:41
Office furniture Rs.10000 Depreciated by 71/2% Depreciation value Rs.750 How is the depreciation value calculated? Can anyone pls explain.
latest answer
Depreciation for furniture is 7½% which means 7.5% . Working note for depreciation on furniture 10,000× 7.5% = 750 I hope you understand it . Please mark it as best answer
Aamina Muneera
CA Foundation
★ 1K+
1
2K+
equity
CFA
answered on 16-Oct-24 13:08
Which of the following statements is most accurate in an efficient market? A. Active strategies will lead to excess risk-adjusted portfolio returns. B. Securities market prices fully reflect their fundamental values. C. Securities market prices respond over time to changes in economic information. ans is B but pls explain why its not c so in efficient market share price not only refelect the fundamental value it also refelect past datas and insider information so C is more appropriate i thought
latest answer
Eff mkt
Dhakshana Dhakshana
CFA L2
★ 18K+
1
612
Doubt
Costing
answered on 17-Oct-24 08:32
Why didn't we go equivalent units calculation... If there is any closing wip or opening wip we should for equivalent units calculation right?... Or is it because they haven't mentioned any completion % and we assumed closing stock is fully completed?
latest answer
In question % of completion is not given. So assume that the stock is fully completed.
07- Issac Jolly-XII C
CA Inter
★ 16K+
1
629
Illustration 8
Accountancy
answered on 17-Oct-24 08:10
Hi sir/madam Does this highlighted text is condition available for company or it's customers?
latest answer
It is a condition for the company to follow
Nagachaitanya Nomula
CA Final
★ 8K+
1
216
Illustration 13 - Mutual Fund Chapter
AFM
answered on 16-Oct-24 10:54
Please tell me the calculator trick Sir for calculating the IRR faster
latest answer
Assume 10% as first estimate - then do a trial and error with other numbers like 12% and 8% before you do an interpolation exercise
Dilip Kumaran
CA Final
★ 610
1
616