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Illustration 2 & Illustration 3

Financial Reporting

answered on 15-Jun-24 06:24

In Illustration 2,though the cost to sell was borne by the seller , we have deducted it from the Fair value. Likewise in Illustration 3, Auctioneer's fees paid by both buyer and seller should have been deducted from the Fair value (i.e. 2 % + 2% = 4%). Why have we deducted only 2% from as auctioneer's fees from the Fair Value ?

latest answer

As a seller how much would you pay if you collect 100?

Swathi S

Swathi S

CA Final

975

1

201

Market risk

AFM

answered on 15-Jun-24 07:53

Why do we add inflation to beta*risk premium...ideally we should have added in the risk premium and then multiply by beta....

latest answer

Beta here is market beta. I.e sensitivity of stock returns to market returns. One should not multiply market return beta with inflation premium. Inflation premium should be added separately, as it is not directly sensitive to market returns

Priyanka Udeshi

Priyanka Udeshi

CFA L1

14K+

1

311

doubt

CFA

answered on 15-Jun-24 15:54

Can you please where is this topic in the book and which 'reading' is this from, I cannot find it in the book.

latest answer

Return measures is first video in quant Dividend discount mode is 18th video in equity investments topic

Kaarthick Abishek

CFA L1

0

8

310

AS-2

Accountancy

answered on 17-Jun-24 12:01

Why cant i solve the illustration in the video like below sir cost = 1000*5000=5000000 less abnormal wastage=1000*50=50000 total cost of inventory=4950000 cost per unit=4950000/4750=1042 rs

latest answer

We should compute the normal rate first. i.e based on how much would be the number of units we normally receive.

Niveta Rajkumar

Niveta Rajkumar

CA Inter

6K+

1

333

Industrial training

Others

answered on 17-Jun-24 11:00

Where can I find industrial training opportunities

latest answer

https://sirc-icai.org/vacancy-advertisement.php

Gauri Shete

Gauri Shete

CA Final

5K+

4

478

Ca Articles

Others

answered on 15-Jun-24 09:02

Can terminate after completing 2 yrs..and can I join again after 3 yrs for balance 1 yr

latest answer

Yes

Shijo Kennedy

Shijo Kennedy

CMA Final

4K+

1

313

Relating to inter state supply of different branch

Indirect Taxation

answered on 19-Jun-24 17:25

If the head office in banglore transfers services of vehicle charges to hyderabad branch which of inter state supply of different registration. whether the GST is applicable in this case if so whether it is RCM or FCM (company dealing in courier business)

latest answer

It is supplies between distinct persons and shall be taxable as per Section 7(1)(C).

P.udaykumar Pasupulati

P.udaykumar Pasupulati

CA Final

2K+

1

293

Ind As 7 Cash Flow statements

Accountancy

answered on 14-Jun-24 09:38

In Image attached while doing Income from Operating activities in indirect method, we will do approprite changes considering changes in current assets ? In the given question I am thinking that we have to consider changes in Investments to as it is given in Current assets. but answer provided in ICAI material not considered (2nd picture), can anyone explain the same.

latest answer

https://youtu.be/BCujphqmx64?si=OI3p8TgYkrui8UsV&t=252 Logic and explanations covered here.

Sai Vema

Sai Vema

CA Final

108K+

2

396

Diluted EPS

Financial Management

answered on 14-Jun-24 19:35

How to find diluted EPS when the company has issued convertible bonds

latest answer

The answer will be 2.35 if net Profit of ₹5000000 if it is a after tax number If net profit of ₹50 lakhs is a before tax number then the exact answer for diluted Eps will be 1.77

NANDHINI U S

NANDHINI U S

CA Inter

37K+

4

279

Run Test

AFM

answered on 14-Jun-24 10:02

Hi sir! At what value of 'R' we can say that the market exhibits no efficiency?

latest answer

if r value is above 11 or below 4 i.e outside the limits of 5% & 10% t values

Mergu Nikhil

Mergu Nikhil

CA Final

2K+

1

180