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inflation

AFM

Sir in this question, ICAI has not adjusted the inflation in each yrs revenue and costs. I understand you'd done it similar to an Illustration solved earlier but how do we interpret whether inflation rates are to be adjusted in the CFs (where real/ nominal is not mentioned) Video Details Advanced Financial Management - AFM International Financial Management 26. Illustration # 13

Priyanka Udeshi

CA Final

★ 14K+

07-May-24 18:34

Answers (1)

Depends on question if icai does not provide clarity yuu have to make an assumption. In this question too one can assume no inflation and work like icai