powered by logo

Forums

Time value of money

Maths & Stats

answered on 10-Jun-21 20:03

Can any one solve this sum with clear explanation ?

latest answer

Find the present value of annuity and compare with the cost

Aakash Raavi

Aakash Raavi

CMA Inter

320

1

623

Ratio analysis

Financial Management

answered on 11-Jun-21 16:15

How current assets = 2.4 current liabilities when current ratio given is 2:4?

latest answer

Its a print error

Rithani R.C

Rithani R.C

CA Inter

4K+

3

669

CRR creation

Accountancy

answered on 10-Jun-21 16:48

Should crr be created for the FV of the shares bought face alone?or FV of shares bought back - fresh issue

latest answer

FV of shares bought back - proceeds from fresh issue

Mala Ca

Mala Ca

CA Final

23K+

1

592

Doubt

Accountancy

answered on 14-Jun-21 10:17

Why 1,26,000

latest answer

Rs. 1,26,000 is the loss of reconstruction. So, that amount is debited to general reserve and credited to reconstruction account.

Mala Ca

Mala Ca

CA Final

23K+

2

627

Sale of goods act

Corporate & Other Laws

answered on 11-Jun-21 12:31

What is the difference between condition as to quality or fitness and warranty as to quality or fitness by usage of trade

latest answer

Ordinarily, there is no implied condition as to the quality or fitness of the goods sold for any particular purpose. However, the condition as to the reasonable fitness of goods for a particular purpose may be implied if the buyer had made known to the seller the purpose of his purchase and relied upon the skill and judgment of the seller to select the best goods and the seller has ordinarily been dealing in those goods. This implied condition will not apply if the goods have been sold under a trademark or a patent name. An implied warranty as to quality or fitness for a particular purpose may be annexed or attached by the usage of trade Regarding implied condition or warranty as to the quality or fitness for any particular purpose of goods supplied, the rule is let the buyer beware' i.e., the seller is under no duty to reveal unflattering truths about the goods sold, but this rule has certain exceptions.

MATURU HAMSA GAYATRI

MATURU HAMSA GAYATRI

CA Final

23K+

1

657

Organisational and strategic leadership

Strategic Management

answered on 10-Jun-21 15:47

Is there any difference between Divisional structure and multi divisional structure?

latest answer

No

Himanshu Somani

Himanshu Somani

CA Final

97K+

1

542

18: Additional Illustrations - Aggregation of Income

Direct Taxation

answered on 10-Jun-21 21:44

Illustration 3 (Batra), 8 (Mr and Mrs Om), 10 (Rani) the videos are truncated. It has only 3 to 4 mins content while the video time diplayed is 3 times more. Most of the content is missing.

latest answer

Full video uploaded. You can go through it now.

John Selvaraj

John Selvaraj

CA Inter

140

1

775

Consignment

Accountancy

answered on 10-Jun-21 16:57

How normal loss has impact on gross profit? How abnormal loss does not impact gross profit?

latest answer

Normal loss increases the cost of inventory and COGS

MATURU HAMSA GAYATRI

MATURU HAMSA GAYATRI

CA Final

23K+

3

1K+

Sale of goods act

Corporate & Other Laws

answered on 10-Jun-21 09:50

Give an example for sale by description (implied condition) Such example must clearly state that description must be given by seller or buyer

latest answer

here B is buyer and A is seller

MATURU HAMSA GAYATRI

MATURU HAMSA GAYATRI

CA Final

23K+

4

537

Sale of goods act

Corporate & Other Laws

answered on 10-Jun-21 09:42

Can condition be named as warranty in agreement? Can warranty be named as condition in agreement?

latest answer

warranty cannot become condition but condition can become warranty

MATURU HAMSA GAYATRI

MATURU HAMSA GAYATRI

CA Final

23K+

2

533