Pankaj Gupta
17 November 2007 at 11:26

unable to resolve following MAFA questions

I am preparing for CA Final. Pls. help in solving the undermentioned MAFA questions.

1. XYZ, a chain of restaurants, is considering going private.The Company believes that with elimination of the costs associated with public ownership, the company colud save Rs. 800000/- p.a.before taxes.In addition company believes that Annual profits are expected to be 10% greater than present after tax profits of Rs. 9 mio.Effective tax rate is 30%, the PE ratio is 12 and 10 million shares are outstanding. What is the present market price per share? what is the maximum premium above above this price that the company could pay in order to take the company private?


Pls. help!!!


narender
17 November 2007 at 00:09

industrail training

i have just given my atempt of CA final and i have an year f articleship to go...
can somebody help me in suggesting a few names of companies with HR ids(preferabbly) who are actually taking trainees in hyderabad...
even if it is no in hyderbad,... in pune or banglore....


CA Bharat Aggarwal

Where can i get Guidance notes on Tax Audit for Futute and option transactions ??


tarun
16 November 2007 at 12:10

transfer to PCC

hi,

i have passed CA PE-II 2nd group and has appeared for Nov.2007 as my 7th attempt . i have completed my articleship in April 2007.i want to ask :

1) whether any more attempts are left for me to appear for PE-II or i have to get registered for PCE

2) If i get registered under PCE , whether i have to appear for both groups or for the remaining one only.what i will be required to do under the new course.


Narendra
16 November 2007 at 12:08

MBA after CA

***************


Sanjay Govil
15 November 2007 at 15:10

GMCS Course

I wish to know how good is Noida branch (Vijay Bhalla & Company) in conducting the GMCS course as compared to Vishwas Nagar Branch.

An early reply would be helpful because I have to decide where to apply as Noida branch is nearer to where I live.


harini
15 November 2007 at 11:25

about pcc details

only pe1 students who has paased and eligable for pe2 those students can jump into pcc is this correct?
after my bcom i have joned pe2 directly
please suggest me


pankaj
15 November 2007 at 10:43

Changing firm for articles !!

One of my junior has changed her firm 2 times...Now she's shifting for industrial training to a Co.

My query is:
Is changing firms more than 2 times allowed?
if yes, the procedure for the same


GAGAN
15 November 2007 at 00:20

soft copy

hi,
could u pls let me knw the link to download softcopy of nov 2007 ca final Q'n papers
thanks


Sivakumar

Hi,

I have registered for Intermediate Course during August 1998 and completed my articleship during September 2001. I believe the following details would be helpful for your opinion:

a. I have completed my B.Com during 1998. I have not cleared any of the Intermediate Group.

b. I have appeared in PE II examinations also and i was not successful in this course too.

c. I have written my Nov. 2007 examination in PEII both the groups.

My question is :

1. Am I eligible for appearing May 2008 examination in PEII if I am not successful in November 2007?

2. If I am not eligible, can you please advise me whether should I register for Professional Competence Course?

3. I happened to read the FAQ of ICAI and as per qeustion no.4, I understand that an Intermediate student who has not passed any of the Intermediate Groups and have not passed the Foundation Examination will be allowed to appear in PEII to be held in May 2008.

Inference is drawn to Q.No.1 here which reads, if a student has got examption under Regulation 25B(1) from passing PE I, then the restriction of 5 attempts is not applicable and he / she can appear in May 2008 Professional Education Course II.

In this scenario, please advise me whether i am eligible for appearing in May 2008 PE II Examination.

Thanks.







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