Forums
Best case vs worst case
AFM
answered on 16-Mar-24 06:10
In determining the best cases and the worst cases, should we consider the CFS+Scrap value in total
latest answer
Ideally npv because scrap is 1 year number and flows are over a period. But if it is apparent on face that cf and scrap. BOth are low then that is worst case
Suresh Avinash
CA Final
★ 3K+
1
311
Nominal Cashflows
AFM
answered on 16-Mar-24 11:23
Hello Sir, In this problem, when we are multiplying Real CF with the the inflation rate to find out the nominal CF are we not indirectly multiplying depreciation with the inflation rate. For example, if we find out the inflated value individually (for revenue and costs) keeping dep as constant, the cashflow for year-1 would ideally be 16000
latest answer
Because in Real method, You are doing 15000 / 1.0182 in nominal method you are doing 15000 x 1.1 / ( 1.1. x 1.0182)
Suresh Avinash
CA Final
★ 3K+
3
628
Change in Depreciation Method - Change in Accounting Policy?
Accountancy
answered on 16-Mar-24 10:55
Hi sir, hope you're well. Like how a change in cost formula is considered change in accounting policy, would a change in depreciation methods also be considered change in account policy? Thanks
latest answer
A change in method of depreciation is dependent on the change in estimate usage pattern. It fulfills the criteria of both change in accounting estimate and accounting policy. For simplicity of application, as per A 10, it is considered as change in accounting estimate.
Devaprasad Jothimani
CA Inter
★ 0
2
2K+
Preliminary
Corporate & Other Laws
answered on 27-Mar-24 20:04
I have a doubt in definitions of holding and subsidiary company. In the said definitions it is mentioned that the expression "company" includes any body corporate. So apart from foreign companies even a LLP can become holding or subsidiary?
latest answer
yes
Leela Eswar
CA Inter
★ 6K+
10
445
Jargons
AFM
answered on 15-Mar-24 16:35
Sir, Please explain the below financial jargon in easy way including its formula or calculation: 1. Working Capital Burn 2. P & L Burn 3. CAPEX Burn 4. Cash Burn
latest answer
yes.
Hrishikesh Pradhan
CA Final
★ 18K+
3
340
MARGINAL GOSTING
Costing
answered on 16-Mar-24 21:58
In the question where cost is written which cost should we assume when question is silent FIXED OR VARIABLE COST?????? Refer to Q.2 for this doubt
latest answer
You need to apply high low method and segregate fixed costs and variable cost from total cost. No assumption is required
Prathmesh Kharul
US CMA All
★ 6K+
1
320
Salary of Non-Managing Directors
Direct Taxation
answered on 18-Mar-24 18:40
Hi sir, hope you're well. Monthly director salary for non-managing directors would not come under income under head 'Salaries' rather it would come under head 'Other Sources'. Would this still be the case if the director is a whole-time director for company (irrespective of it being Public / Private)? Since no employer-employee relationship exists. Also, if such case is there where the director's monthly remuneration comes under head 'Other Sources', would the basic salary be considered Rs. 0 in areas such as HRA, RFA etc. as well? Since such remuneration isn't being treated as salary. These are 2 doubts in this topic which I have. Thanks
latest answer
1. Non MD salary would be taxed under IFOS. Same is the case with Whole time director if he is not employee. 2. If it is not treated as salary then there is no question of breakup as such.
Devaprasad Jothimani
CA Inter
★ 0
1
329
Standard costing
Costing
answered on 16-Mar-24 21:59
To find Actual hours worked, we need to multiply with the actual workers not with the standard workers??
latest answer
Yes
Devisree
CMA Final
★ 0
1
328
Soft copy of Material
Financial Reporting
answered on 16-Mar-24 10:34
I extended my old course activation to New course but i didn't get physical book. Sales team said as you will get softcopy of the material in website itself. But I didn't get any soft copy till now. Where will i get the softcopy of study material
latest answer
Resources section of app.
shaolinsuresh kanna
CA Final
★ 630
1
200
Ratio analysis - Illustration 14
Financial Management
answered on 16-Mar-24 14:02
The answer given in this video doesn't match the question given in the FM book
latest answer
Have updated the question in PDF notes. Thanks for highlighting - will correct the page in the next print version. https://il-app.s3.ap-south-1.amazonaws.com/resources/4a2c4a04384841d299d1c91257f61040
Pranesh N
CA Inter
★ 4K+
2
371