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Security Valuation Illustration 17
AFM
answered on 15-May-24 16:15
Hello Sir, In this problem, they have asked whether D/P ratio is optimal. How do we interpret using the walter's model?
latest answer
We have updated the videos. Thanks once again
Suresh Avinash
CA Final
★ 3K+
3
427
Excess amount
Accountancy
answered on 10-Apr-24 16:20
Excess of what we get over over what you paid in case of merger is credited to p&l know?
latest answer
General Reserves/Capital Reserves.
sitaram kollepara
CA Inter
★ 2K+
3
268
Refund of igst to a tourist
Indirect Taxation
answered on 13-Apr-24 03:32
Sir, won't it be a loophole. Let's say I'll tell my friend, who is a tourist to india to purchase costly goods in india and claim refund in airport. And whenever i go to foreign (to my friend place) I'll collect that goods from him?
latest answer
If you collect and bring to India they will be subject to import duty or baggage duty
Pavan B R
CA Final
★ 4K+
1
406
Invoice Cum Bill of Supply
Indirect Taxation
answered on 12-Apr-24 11:28
Hi Sir. , In case of Supermarkets , invoice cum bill of supply is issued to unregistered person. But many registered persons and entities also purchase. Will the supermarket issue separate bill for them if asked ?
latest answer
Thank You Sir
Cucuberry
CA Inter
★ 0
2
305
International Financial Management
AFM
answered on 09-Apr-24 19:10
Hello Sir, In this problem, What does "The company would apportion existing overheads to the tune of NPR 5 crores to the park" mean? And how to adjust the same? Also, Do we not have to add the Interest on Loan to the cost as we know the loan amount and %also?
latest answer
Okay sir, thank you so much
Susee Arunachalam
Qualified CA
★ 26K+
2
386
Risk assessment and internal control
Auditing
answered on 10-Apr-24 20:02
Sir if auditor is required to give Qualified opinion but he/she gave adverse opinion. Or vice versa. Does this come under inappropriate audit opinion?
latest answer
Wrong opinion is audit risk.
lohith perumalla
CA Inter
★ 8K+
3
372
P&l a/c
Accountancy
answered on 10-Apr-24 16:28
The profit and loss a/c is showing ₹825 but in lecture sir said that p&l a/c balance is ₹775
latest answer
Consider 775.
sitaram kollepara
CA Inter
★ 2K+
1
285
Q2- Investments made abroad
AFM
answered on 08-Apr-24 13:48
Sir, as 45% of the funding is through debt, should we also not account for its finance cost before arriving at PAT?
latest answer
Q is solved using FCFF approach - Free cash flow to firm. Debt servicing is ignored and PV of FCFF is compared against total funding cost (D + E)
Venky Balamurali
Qualified CA
★ 0
1
264
FRF
Auditing
answered on 08-Apr-24 12:20
Fair presentation vs compliance framework
latest answer
Refer SA 700 . There are two types of framework, based on presentation n disclosure. Strictly to be adhered is compliance framework. Like BANKS financial statements. Where management is allowed to add or depart from requirements is Fair presentation. Like sch III of companies act. Details u wil get further .
GOKUL KOLATE
CA Inter
★ 1K+
1
501
Modified opinion means in brief
Auditing
answered on 08-Apr-24 12:17
Modified opinion means in brief And what un modified ?
latest answer
These all terms will be clear as you progress with the subject further . Unmodified: is a good report. Clean report, Which means financial statements give true and fair view Modified- means which statements are not giving true and fair view. We have 3 different modified option which u will learn as a part of SA 705
GOKUL KOLATE
CA Inter
★ 1K+
1
430