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Ratio analysis
Financial Management
answered on 06-Mar-24 19:24
How to calculate net assets?
latest answer
Ofcourse
lohith perumalla
CA Inter
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5
312
Ratio analysis
Financial Management
answered on 15-Mar-24 17:48
In this pq 3 of sm,why stick of finished goods isn't included in credit side of trading account
latest answer
Ok sir Thank you
Ramya Telikicherla
CA Final
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Cancellation and Delivery :Cancellation and Extension
AFM
answered on 06-Mar-24 16:24
Dear sir, When the Bank is going to charge the spot rate on the day of delivery after the due date within 3 days. What is the logic for the banker to enter another contract on the due date at optionally deliver at month end spot rates? What's the benefit the customer enjoys because of this facility provided by the bank due date + 3 days. when bank delivers the dollars at spot rate on delivery date after due date. In this particular illustration the spot rates are less costly for importer compared to agreed rates is this the reason for entering at spot rates it is same even when agreed rates are less costly compared to spot rate
latest answer
Bank cannot have its exposure open . it always needs to hedge it s exposure. If rule allows a customer to comeback within 3 days of expiry ( which in itself does not look logical) then bank has a contingent contract for 3 days which it needs to hedge itself against
Vanacharla Sai Pavan Kumar
CA Final
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352
Probability
AFM
answered on 06-Mar-24 16:27
Sir , While calculating worst case npv and best case npv , why don't we multiply them by the probability. Is it because the haven't mentioned probable?
latest answer
There is 10% change of you making 124 rupees and 90% change of making 8 Rs In best case will you make 124 or 124 x 10%? You multiply with probability when you are asked to find expected values in which case you multiply all probabilities with all outcomes ie 124 x 10% + 90% x 8 = 19.6
Hrishikesh Pradhan
CA Final
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309
Sub question 4
AFM
answered on 06-Mar-24 16:34
Sir , I didn't understood the wording properly of three streams of cash flow. Could you please simplify it ? I watched that part again but still couldn't get it why we used NPV
latest answer
instead of applying all probabilities for a years' cash flow, please look at as only one probability for all years and apply 3 probabilities like that each time i explained it at 17.46
Hrishikesh Pradhan
CA Final
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1
307
Fixed overheads
Costing
answered on 07-Mar-24 09:16
Why is fixed overheads apportioned to departments based on normal capacity and not actual capacity??
latest answer
Thank you sir
Muhesh YM
CA Inter
★ 0
2
311
4 conditions
Financial Reporting
answered on 07-Mar-24 08:54
Is 4 conditions are dependent or independent? That is any of condition satisfied we can recognise revenue or all 4 conditions must be satisfied
latest answer
All.
Surya Prakash
CA Final
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258
Derivatives
AFM
answered on 06-Mar-24 15:36
Sir, in this question how the no of days is 58 shouldn’t it be 31 days of January and 28 days of February?
latest answer
okay sir thank you
Swathi Krishna
CA Final
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3
293
ITC eligible
Indirect Taxation
answered on 11-Mar-24 12:27
as a coaching institute..catering services received for supplying foods to the students.can we claim ITC for this exepense??. Basically, coaching institutes won't give food freely.. They would already include in total fees..so can we argue that is mixed supply and its furtherance of business expense??
latest answer
Even practically for restaurant services, ITC is not allowed and GST rate is 5%. Applying that logic, ITC should not be allowed.
sameer fahad
CA Final
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3
355
Internal reconstruction
Accountancy
answered on 07-Mar-24 10:54
In this case why the answer is D ?? What is the correct journal entry ??
latest answer
Ok, Thank you sir
Code X
CA Final
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