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Regarding Designation

Auditing

answered on 18-Oct-24 15:09

Mam, when a person has completed professional degree in engineering and he has a degree of master of science ; then can he write his designation as CA.Suresh, B.E, M.Sc and print cards and letter head?

latest answer

Council guidelines have to be followed.

S Shriram

S Shriram

CA Final

★ 0

3

310

Dilutive EPS

Financial Reporting

answered on 18-Oct-24 11:35

Why we are adding in this sum again and again the shares issued in the prior quarter periods again in the dilutive eps of the succeeding quarter any how conditions are being met in the prior quarter itself why we need to add it in the succeeding quarter? is it becuase they ae going to reduce the eps of the future so we are adding it is it right?

latest answer

Conditions are met in previous quarter. But the shares are not issued.

natarajan k

natarajan k

CA Inter

★ 3K+

1

511

Bills of Exchange

Accountancy

answered on 21-Oct-24 11:31

Im confuse for the last entry. Pls answer it

latest answer

Thank u

priyal batavia

priyal batavia

CA Foundation

★ 910

5

496

why EBIT(1-T)

AFM

answered on 19-Oct-24 10:11

Sir i have Attached a scenario, where in we have only Interest and tax, and no depreciation, no capex changes and no W.C changes if using the formula if we calulate FCFF = EBIT(1-t) = 100(1-30%) = 70 Will be FCFF we understood the definition/meaning, FCFF is free cash flow avalaible to the firm (for all stakeholders inclduing lenders) if No tax at all then entire 100 belongs to the Firm, Now tax outflow which is 27, which is the only cash outflow, so 100-27 = 73 will be the Free cash flow available to the Firm, why is this difference in FCFF, when done considering the formula and when done logicaly ?

latest answer

First 2 paras are correct On making it complex - do not worry - clarity emerges from confusion put numbers in an excel and work them out under various methods - you will get a lot of clarity - may not be required fro exam but will stand you in good stead in your job

Hemachandra D

Hemachandra D

CA Final

★ 9K+

6

1K+

Doubt regarding revised investment in debtors amount

Financial Management

answered on 18-Oct-24 12:50

In this problem saavan ltd offer 2%discount which is avalied by 50%of debtors for which credit period given is 1 month. For computing revised investment in debtors, Out of total 30 lakhs 50% of debtors i.e 15 lakhs availed discount offer, credit period applied to them is 1 month and remaining 15 lakhs for them credit period is 2 months only ,so in my view of computing revised investment in debtors is 15L ÷12m+ 15L ×2m÷12m i.e 375000 is my view is correct or not As per this view benefit is 5L-3.75L×25%=31250 and net benefit is 1250(31250-30000)

latest answer

Thank you sir now my doubt is clear

Sunil Kumar

Sunil Kumar

CA Inter

★ 2K+

2

279

caro

Auditing

answered on 18-Oct-24 21:41

Madam mentions sec 146 for Nidhi companies in the video?

latest answer

where is the mention? i cannot relate to this in the video attached.

S R Manoj

S R Manoj

CA Inter

★ 0

3

532

Equity Risk Premium vs Market Risk Premium and cosideration of beta accordingly

AFM

answered on 17-Oct-24 21:06

Sir I understand that when beta is not equal to 1, then Equity Premium = Beta (Rm - Rf) and Market Premium = Rm - Rf since in the question its given Equity Premium 6% and not market premium Rx = Rf + Equity Premium Rx = 4% + 6% = 10%, so Rx = ke we need to consider 10% if in the question if it was given "Market premium" = (Rm-Rf)= 6% then we need to do 4% + 1.2 * 6% = 11.2 % Am i right with my understanding ?

latest answer

Question is mkt risk premium. I read it out correctly as risk premium By mistake got typed on screen as eq risk premium Will get it corrected Thanks for highlighting Your understanding is correct

Hemachandra D

Hemachandra D

CA Final

★ 9K+

1

839

Illustration 12

Financial Reporting

answered on 18-Oct-24 13:04

In short term , According to my calculation for 1000 employees we could carry forward 5000PL and 2000 SL na? Management estimates are 5 PL and 2SL and accordingly it will be calculated. How could we create for all 1000*10 and 1000*5 as management estimate is what we see

latest answer

Okk sir !! Thank you !!

Hrishikesh Pradhan

Hrishikesh Pradhan

Qualified CA

★ 18K+

2

566

Ind as 16

Financial Reporting

answered on 18-Oct-24 12:22

Here major overhaul cost is not taken while calculating total cost to be capitalised but they have taken depreciation for overhaul cost why??

latest answer

Okay sir thankyou

varagani Kaivalya

varagani Kaivalya

CA Final

★ 2K+

4

475

Ledger

Accountancy

answered on 18-Oct-24 08:14

Hello sir / madam Shall we have to create this ledger horizontally or vertically in exams ?

latest answer

It can do horizontally

Nagachaitanya Nomula

Nagachaitanya Nomula

CA Final

★ 8K+

1

331