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Cash flow

AFM

answered on 03-Jul-24 10:53

why second cash flow is not considered, ie Buying USD at 66.32 and selling it 65.96

latest answer

int is computed on cash flow cash flow here pertains to cf of bank cf of bank is computed as diff between inflow and outflow, i.e buy and sell One of them has to be bank's back to back rate back to back rate is fwd buy 66.68 if this is the case then other side has to be sell so it will have to be spot buy back 66.15 66.32 and 65.96 - neither of these are bank's back to back transaction

ezy pan

ezy pan

CA Final

130

1

299

Doubt

AFM

answered on 03-Jul-24 10:45

In question overbought position has to be 10000, why Position changed to NIL By Purchasing 5000

latest answer

You buy spot 5000 to make it nil and then you buy forward addtl 10000 to make t overbought 10000

ezy pan

ezy pan

CA Final

130

1

310

Cost of capital

Financial Management

answered on 02-Jul-24 17:54

Why in cost of redeemable debt formula,average is taken for redemption value and net proceeds

latest answer

It represents the average investment over the life of the debenture. Why average? It simplifies the estimation of the average amount financed by the debt over its life. It assumes that funds are used evenly throughout the period until redemption (though not strictly true).

N.Gokulnath

N.Gokulnath

CA Inter

850

1

368

Post budget 2024-25

Others

answered on 02-Jul-24 17:59

If government chooses to treat F&O income as a speculative income then a person who trade for living how will he be affected?

latest answer

Pre budget, F&O trading losses can be offset against gains from other businesses or sources. If treated as speculative income, losses from F&O trading could only be offset against gains from F&O trading itself, limiting flexibility

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

1

308

AS 13

Accountancy

answered on 03-Jul-24 16:15

As per AS 13 when we acquire an investment for exchange of an asset if FMV of asset given up and FMV of asset acquired both are given , which one should we consider as cost of acquisition? Is the answer same for AS 10 PPE also ? If yes why?

latest answer

AS 13 - First preference FV of asset given up. If FV of asset received is more evident, use that. AS 10 - Similar treatment. First preference FV of asset given up. If FV of asset received is more evident, use that.

Niveta Rajkumar

Niveta Rajkumar

CA Inter

6K+

2

413

Salary

Direct Taxation

answered on 03-Jul-24 16:29

Employer contribution more than 750000 then taxable Again if more than 12% then taxable Is it not double taxation ?

latest answer

It is taxed only one time. No concept of double taxation.

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

2

338

Incubators

AFM

answered on 02-Jul-24 10:31

Hi sir , who are incubators as mentioned here ? Are they kind of accelerators ?

latest answer

Yes

B. Dinesh

B. Dinesh

CA Final

3K+

1

322

Company audit

Auditing

answered on 02-Jul-24 20:07

Shd we read company audit for CA Final Nov 24 attempts

latest answer

Ok sir

R Yashwanth Kumar

R Yashwanth Kumar

CA Final

87K+

2

361

Maximum exchange

AFM

answered on 01-Jul-24 20:53

Hi sir, Instead of method used in this problem, can we compute the part 4 in terms of market cap as per illustration no.7 ?

latest answer

yes we can

B. Dinesh

B. Dinesh

CA Final

3K+

1

373

Exchange ratio

AFM

answered on 01-Jul-24 20:51

Hi sir, in question they mentioned B ltd will take over using a Share for share exchange. Doesn't share for share means ' for 1 share of C, 1 share of B should give' ? But we took exchange ratio as CMP of B & c . What is meant by "share for share exchange " in this question ?

latest answer

You need a top tier MBA or top 10 Rank in final to get into PE firms

B. Dinesh

B. Dinesh

CA Final

3K+

3

460