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Preparation
Others
answered on 08-Jul-21 13:22
Whether rankers also prepare board, mtp , rtp questionpapers is suffient
latest answer
yes
lokesh chenchu
CA Inter
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1
618
Investment decisions
Financial Management
answered on 08-Jul-21 13:26
Can we compute IRR using 12 % and 50% instead of 40% and 50% . I computed IRR with 12% and 50% and got 43.41% as IRR .
latest answer
depends on examiner - inaccurate number may not get you marks
Rithani R.C
CA Inter
★ 4K+
3
542
Ratio problem
Accountancy
answered on 19-Jul-21 23:12
Can any one solve this sum
latest answer
A-16000 interest on capital B-10000 interest on capital C-8000 interest on capital interest charged on partner's capital @ 5 percent per anum given below- Capital of A -320000 B-200000 C-160000 Profit sharing ratio is 5:3:2 159000*5/10 159000*3/10 159000*2/10 A's Share of profit is 62500 B's Share of profit is 37500 C's Share of profit is 25000 Check in question it is given that a guaranteed c that he will be given profit 30000 every year in any condition. So, the profit in X's share is of 30000 but he gained 25000 ,remainig amount will be given by a to c in respect of his promise to c. A-62500- 5000-57500 C- 25000+5000-30000
Aakash Raavi
CMA Inter
★ 320
2
608
Indian contract act
Corporate & Other Laws
answered on 08-Jul-21 12:16
Explain both the example
latest answer
Both are related to act done by creditor or omission by creditor which will discharge the surety. In first, creditor (B) prepays the installments, so A is discharged. In second, make up the cash means reconciling. B did not reconcile M's cash handling, so A is discharged
Sathiya Bama
CA Final
★ 24K+
1
577
Audit and auditors
Corporate & Other Laws
answered on 08-Jul-21 11:52
For audit comitee , all must Condition must satisfy or anyone satisy For rotation of auditor , anyone condition satisy or all must satisfy??
latest answer
Yes
Sathiya Bama
CA Final
★ 24K+
4
614
Audit and auditor's
Corporate & Other Laws
answered on 08-Jul-21 23:44
How to count the term of five years of term of auditor If auditor has resigned after completion of 3 years Can he join in next AGM OR he has to wait for completion of five years
latest answer
No he cannot join . Term here means a term of five years or less than 5 years
Sairam Reddy
CA Final
★ 10K+
4
652
Subsidiary companies
Corporate & Other Laws
answered on 08-Jul-21 11:42
Subsidiary companies can buyback holding company share
latest answer
No
Shijo Kennedy
CMA Final
★ 4K+
1
500
Holding
Corporate & Other Laws
answered on 08-Jul-21 11:42
Holding company can buy back subsidiary companies share..
latest answer
Only a company alone can buy-back its shares. Holding company can purchase more shares of subsidiary company, but not buy back
Shijo Kennedy
CMA Final
★ 4K+
1
591
Deposits
Corporate & Other Laws
answered on 08-Jul-21 11:11
Whether in the both it should b 10 yrs?? MAY21 AMENDMENT
latest answer
Yes, gazette notification: https://egazette.nic.in/WriteReadData/2020/221594.pdf
Sathiya Bama
CA Final
★ 24K+
2
713
Doubt
Corporate & Other Laws
answered on 10-Jul-21 05:40
Can u pls explain the meaning of the marked lines below (image)
latest answer
Thank you sir
Sri kanaga Varshini
CA Final
★ 3K+
2
686