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Average due date

Accountancy

answered on 07-May-22 14:41

In Illustration 11 while calculating interest by average due date system why we are taking the base date as 1st july we should take 28th feb only na?

latest answer

Ok Thank you so much

Lathika

Lathika

CA Inter

6K+

7

539

Average due date

Accountancy

answered on 08-May-22 06:34

In illustration 11 I have two doubts. First in calculating the interest by original system for A in the vedio sir have calculated the period by months but for B the period was calculated in days, Why? We can calculate in month itself na

latest answer

No mention :)

Lathika

Lathika

CA Inter

6K+

11

456

Dividend

Direct Taxation

answered on 08-May-22 20:37

Dividend ko gross kiya jata h kya

latest answer

If the question gives as dividend received net of TDS But if dividend earned is given then dont gross up

Varsha Agarwal

Varsha Agarwal

CA Final

0

5

540

Investment Decisions

Financial Management

answered on 09-May-22 20:32

Can anyone explain this concept of exclusion of finance cost principle

latest answer

I hope the other replies are sufficient to explain the meaning of the concept. But the reason finance costs are excluded in investment decisions is because the rate of discount used for discounting the future cash flows is usually inclusive of the finance cost. Therefore if you consider the finance costs, it will amount to double inclusion of finance cost

Manoj Raj

Manoj Raj

CA Final

12K+

4

539

FS of Banking

Accountancy

answered on 07-May-22 16:37

If OD of 2500 is already included in current account 97000, then why current accounts are shown 99500 in deposits instead of 94500. Why they are adding again ?

latest answer

Rs. 9,70,000 is the net credit Balance which is payable by the bank to their customers. This 9,70,000 is calculated by including the debit balance of OD's which is Rs. 25,000/-. Hence, for the purpose of presentation the debit balance of OD's is shown in the assets side of FS and the contrary effect is given by increasing the OD to actual credit balance which would have been 9,95,000 ( 9,70,000 + 25,000). In simple terms, the assets are pulled over and the actual liability without netting off is shown in liabilities side.

Madhaan S

Madhaan S

CA Final

14K+

2

457

Bank Rate

Economics

answered on 07-May-22 16:56

Bank rate is also called discount rate. Am I right?

latest answer

Yes

Jitendra Kumar

Jitendra Kumar

CA Final

41K+

4

512

SEBI

Economics

answered on 07-May-22 12:51

SEBI was set up to regulate the: a)Insurance market b)Security market c)Money market d)Capital market I confuse about options (b) and (d)

latest answer

First is to regulate capital market then comes security market. From MCQs point of view always choose the priority answer, because MCQs options might not be wrong choosing the apt one is necessary

Jitendra Kumar

Jitendra Kumar

CA Final

41K+

4

498

Material costing

Costing

answered on 07-May-22 12:51

Here why average monthly market demand is not taken for annual consumption of raw material

latest answer

A=annual demand for input They have given usage is 100 tubes per week thus annual demand = 52*100 = 5200. Average monthly market demand is the demand for it's output in the market.

Subramanyam N

Subramanyam N

CA Inter

6K+

1

462

Buy back of shares

Accountancy

answered on 07-May-22 17:05

I didn't understand why maximum number of shares that can be bought back is 32 crore shares instead of 320

latest answer

Thankyou ð??¯ i understood

MAYURI RATHOD

MAYURI RATHOD

CA Inter

70

9

493

Dynamics of Competitive strategy

Strategic Management

answered on 07-May-22 11:51

In ADL matrix is it mandatory to put the table of 4/5 matrix which explain the stages of industry maturity based kn PLC while answering the question related to the strategy or is it enough to explain the competitive position of the organization ( Dominant, strong, favourable, tenable and weak) ??

latest answer

When it is pictorial, the clarity would be more when seen. But if you can put the same in words with more understanding, then it would be your choice. But generally the table would be necessary if asked about the Matrix or question related to the same

Manoj Raj

Manoj Raj

CA Final

12K+

1

456