Calculation of exponent in exams

answered on 16-May-24 21:02

Hi sir, while computing theoretical future price you have computed in excel. But how should we note in notes. e^10.5%×(58/365) how to compute this value in notes. Please provide the solution

latest answer

Check my video on calculator tricks in introduction chapter

B. Dinesh

CA Final

★ 3K+

1

23

Dividend

answered on 16-May-24 16:20

Can I assume ₹50 as EX dividend price .

latest answer

Rs. 50 is the cum dividend price. 50 - 10 (div paid) = Rs. 40 is the ex dividend price

kowselyaa G

CA Inter

★ 2K+

1

23

Supply or Not

answered 1 day ago

Is movement of Cranes considered a supply or service ?

latest answer

Movement of Cranes is neither treated as supply of Goods nor supply of services. Hence no GST WILL Be Leviable..

Harish Chandar T

CA Inter

★ 5

1

34

Cash flow statement

answered on 16-May-24 12:52

Financial management , study material of ICAI , On page 9.52 of module 2 , illustration 8, in cash flow statement, 50 lakh is subtracted as cash required for increase in stock. Please explain why it is subtracted , as also adjustment is done in making entry in profit and loss account of 420 lakhs of material consumed in year 3 .

latest answer

50 L is increase in stock. (In question they told that the closing stock is expected to go up by same amount as between year 1 and 2)(15L - 10L) Please refer working notes for material consumption (35% of sales)

Anirved Rahatgaonkar

CA Inter

★ 0

1

35

Industrial Training

answered on 15-May-24 21:44

I have joined Articleship on 29-04-2023 , I will complete 20 months of articleship on Dec 24 and there will be 16 months pending for Articleship and I wish to take 4 months leaves (101 working days ) within 156 leaves allowed. In this scenario Can I join for Industrial Training from Jan 2025

latest answer

I wish to take leave from Aug 2025 to Nov 2025

Sai Vema

CA Final

★ 106K+

1

71

Industrial Training

asked on 15-May-24 21:23

The period prescribed in Industrial Training 9 to 12 months is including leaves or excluding leaves.

latest answer

No answers yet!!

Sai Vema

CA Final

★ 106K+

0

46

CA FINAl Eligibility

answered on 16-May-24 15:58

I have registered on Articleship 29-04-2023 makes me eligible to write CA Final exams for Nov 2025 , If I take termination and take gap of 15-20 days to get registsered again , am I eligible to write Nov 2025 ?

latest answer

I think yes

Sai Vema

CA Final

★ 106K+

1

56

Ratio Analysis

answered 2 days ago

Sir In Stock turnover ratio formula when to use COGS & when to use sale.

latest answer

Credit sales

Fathima Hamtha Hussaina

CA Inter

★ 12K+

6

47

Consolidated Financial Statement

asked on 15-May-24 13:39

Video No 23 Illustration 13 Investment in subsidiary is sold. Here investment account is not opened. I am comparing this journal entry with illustration 12.

latest answer

No answers yet!!

swaminathan sundaram

CA Final

★ 110

0

39

Consolidated Financial Statement

answered on 15-May-24 14:05

Video No 22 Illustration 12. When parent is losing control in CFS Investment account is debited for Rs 360000. Normally in CFS we do not show investment account. When control is lost we have to open new account Investment account and it is debited at fair value in this problem. Investment account newly opened as control is lost. Am I correct?

latest answer

Illustration 14 We have not opened investment account. Request your help please in understanding this

swaminathan sundaram

CA Final

★ 110

2

46