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Fixed payments
Financial Reporting
answered on 12-Feb-24 19:18
How do we distinguish between cases where fixed payments, like coffee beans needs to be added to lease payments or treated as non lease components?
latest answer
If the provision of coffee beans is essential for the lessee to derive benefits from the leased asset (e.g., a coffee machine), then it's likely considered an integral part of the lease and should be included in the lease payments. If the provision of coffee beans can be separated from the lease agreement and acquired independently, it may be treated as a non-lease component. In such cases, the payments for coffee beans would not be included in the lease payments but recognized separately. it depends from case to case.
Dhvaritha Ravishankar
CA Final
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179
Modified formula
AFM
answered on 12-Feb-24 17:23
Can you please substitute values for modified duration formula (differentiated formula) suggested by you? Not able to substitute the values
latest answer
Please use M as 1000 and C as 75 P as 971 y as 0.08 and n as 8 - you will get the right answer
shamanth rm
CA Final
★ 2K+
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190
Mutual fund Q no 30 P 590 book
AFM
answered on 12-Feb-24 18:14
Part 5 Calculation of total return of investments
latest answer
Thank you sir
Deepa Agarwal
CA Final
★ 220
4
313
Salary
Direct Taxation
answered on 15-Feb-24 20:01
what is da forming part of salary and not forming part of salary means
latest answer
It means forming part of calculations in various cases.
Sruthi sruthi
CA Inter
★ 640
5
342
Amendment details
Exams
answered on 12-Feb-24 15:51
Upto which month amendment are applicable for may and November attempt
latest answer
6 months before exams
Sruthi sruthi
CA Inter
★ 640
1
335
Calculate IRR
Financial Management
answered on 12-Feb-24 16:54
I don't know how to approach Problem 7
latest answer
Yes sir... I understood that after sometime 😅
Satha Sivam
CA Final
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2
332
Finance lease
Accountancy
answered on 12-Feb-24 21:23
In the books of finance lessee, at the date of inception asset and liability is recognised at lower of minimum lease payments or fair value. According to prudence no liability is understated. But here the lease liability is understated
latest answer
OK. Thank you sir
sitaram kollepara
CA Inter
★ 2K+
2
178
Valuation of Bonds
AFM
answered on 12-Feb-24 21:09
In this problem, 1. We are adding the interest for 6 months, discounting it to present value as on 1st Mar (end of 2nd month), then subtracting interest for 2 months. That means the price will include interest of 4 months right? Shouldn't we subtract interest of 4 months? 2. Also, Instead of adding the interest and bringing it to PV , then subtracting the nominal value of Interest, Can we bring the clean price to PV and then add the nominal value of interest?
latest answer
Okay sir, Thank you so much for explaining in detail
Susee Arunachalam
Qualified CA
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2
336
SA 402
Auditing
answered on 12-Feb-24 21:06
What's the difference between Type 1 and Type 2 audit reports? And what are their relevance? Can anyone please explain this?
latest answer
Go through the video. detailed explanation available
Chandu vadla
CA Final
★ 11K+
3
516
As 17
Accountancy
answered on 12-Feb-24 19:15
How dt segment result 5 came at segment A sir
latest answer
This is an example not requiring computation of segment results.
amrutha gcl
CA Inter
★ 2K+
1
356