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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
342
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
331
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
331
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
201
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
373
Derivatives
AFM
answered on 15-Mar-24 12:39
The highlighted figure,It should be 1.025 right?
latest answer
Why correct Square root of 1.05 = 1.0246950 so 1.0247 is correct
Kumar G
CA Final
★ 12K+
1
351
Illustration 21 mutual funds- Dividend
AFM
answered on 22-Mar-24 17:29
Divident given was on the date of 31.12.2017 but solution date is 31.03.2017.
latest answer
Made the correction in the video - thanks for highlighting
Devika Viswanathan
CA Final
★ 9K+
2
215
Internal reconstruction
Accountancy
answered on 15-Mar-24 20:42
1fin material Illustration 1 (balance sheet of A &co. Ltd.) 1)Why didn't we record bank overdraft in current liabilities? 2)How did we arrive at the cash and cash equivalents balance?
latest answer
It is done by adjusting the cash and cash equivalent balance to settle the bank overdraft
Monika T
CA Final
★ 7K+
1
358
Biological assets
Financial Reporting
answered on 16-Mar-24 10:35
It the dogs are kept for producing puppies and the puppies are only sold in the market, then why shall the dogs qualify as bearer assets since its intention is not to sell the dog but to sell its puppies and it is expected to do so for more than one accounting period.....
latest answer
There is no concept of bearer asset. Bearer plants is what is referred to in Ind AS 16. In your example, the dogs would be treated as biological assets covered under Ind AS 41.
Kavin Cj
CA Final
★ 0
1
231