Real Depreciation

answered 2 days ago

Hi sir, For real in part 2 we computed ideal Depreciation and for real in part 4 we took Inflation rate. Even though the requirement is same i.e. Real, why we took 2 different things sir ? In part 2 can we compute real depreciation by using US inflation rate i.e. 5% ?

latest answer

In part 4 us inflation is irrelevant as we are bothered abt returns to an Indian investor so only Indian inflation is considered- it has nothing to do with usdinr exchange rate N part 2 they have asked ideal depreciation of currency usdinr so both inflation relates have to be considered

B. Dinesh

CA Final

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1

29

Purchasing using LC

answered on 06-Jun-24 21:13

Hi sir, In option II 1st step is to purchase equipment using LC and 2nd step is to borrow using LC. As we already purchase equipment in step 1 itself, why do we need to borrow money again in step 2 ?

latest answer

LC / letter of credit is a document where one bank promises to another that the customer is good and the import payment will be paid on time. For this commission is paid by LC opening customer to LC issuing bank. These LCs are for specific time period - usually for credit period offered by the supplier. In the current case, the supplier is not offering any credit. But a foreign bank is offering the credit if there is an LC So what is happening here is as follows: Sun is importing from Japan from a supplier say X X needs to be paid LC is opened by sun in favor of X Sun limited pays LC charges to Indian bank for opening the LC There is something called supplier financing against LC being offered by Japanese bank Sun limit gets the borrowing from Japanese bank X limited gets paid on day 1 But LC is Open and money on LC is due on day 180 Sun pays LC dues on day 180 to Japanese bank On day 180 LC is closed

B. Dinesh

CA Final

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1

25

Can I also start CA After completing Mcom.

answered 1 day ago

Hello guys! Recently I completing my Mcom. and Now I want to become a CA. Could you please guide me the process after completion masters. Thanks

latest answer

Thanks for the suggestion!

Mia smith

CA Final

★ 0

5

67

SPOM MCQ

answered on 05-Jun-24 21:55

Can anyone pls confirm the answer for the attached mcq? Ans given is B

latest answer

Refer attached.

Priyanka Udeshi

CA Final

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5

99

Consolidation

answered 2 days ago

Dividend adjustment cannot understand properly

latest answer

Where is the question?

Rakesh Saraf

CA Final

★ 0

2

39

SPOM MCQ

answered on 05-Jun-24 16:03

Can you please explain this MCQ, why answer not A or D? Can't find poka yoke anywhere in book

latest answer

Thank you sir!!

Priyanka Udeshi

CA Final

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4

66

SPOM MCQ

answered on 05-Jun-24 16:02

Can you please help me with solution of this MCQ?

latest answer

This is the correct solution

Priyanka Udeshi

CA Final

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2

52

Foreign Exchange Management

answered on 05-Jun-24 16:30

Commission per transaction to agent abroad for sale of residential flats in India exceeding USD 250000 OR 5% of inward remittance whichever is more prior approval of RBI is required. My doubt is when agent are available to sell the flat why should I appoint a person outside India. I am not clear on this point

latest answer

This is the situation where the target market is the international buyers an agent abroad can provide significant value there.

swaminathan sundaram

CA Final

★ 110

1

41

CA Final attempt under old scheme

asked on 04-Jun-24 08:48

I started my articleship on June 4th 2021 I took 1 year leave during my articleship period and did 2 years of articleship excluding 1 year of leave. When will be my final attempt?

latest answer

No answers yet!!

Madhu Reddy

CA Inter

★ 4K+

0

70

About Commission

answered on 05-Jun-24 09:09

If commission given at per annum based Then we can calculate it for 7 months or Total commission for RFA?

latest answer

It is taken for 7 months

Shivashankar Jawai

CA Inter

★ 560

1

39