CA final SFM May 2018

Page no : 3

kamal panwar (student) (31 Points)
Replied 04 May 2018

its from pm nd same question was asked in may 17 also

Bargavi (Articled Assisstant) (22 Points)
Replied 04 May 2018

yes. i got the same.

kamal panwar (student) (31 Points)
Replied 04 May 2018

its from pm nd same question was asked in may 17 also

gokularamanan (hbh) (68 Points)
Replied 04 May 2018

1-A) 28.99 RS .. IS IT CORRECT?

6-A) SWAP RATIO 0.2 IS IT CORRECT?

WHAT IS LEASE RENT?

1 Like

manasi kulkarni (Student CA Final ) (159 Points)
Replied 04 May 2018

1a is correct .. swap ratio in 6a I got 0.17775

3 Like

(Guest)

yes promoter;s holding question has missing percentage. it was wrong. but i solved by taking assumption as existing promoter;s holding was 80% and now it has to be reduced to 75%. hence balance bonus issue is 100000. this question can not be solved, it was wrong. i used assumption hope that ICAI will give marks

Giridhar S Karandikar (Team Lead) (7543 Points)
Replied 04 May 2018

lease rent coming to something as 820k. has STCG being considered while computing cash flow

Rhea (Student CA Final ) (633 Points)
Replied 04 May 2018

My swap ratio was 0.175. Even I got 0.17775 or whatever it is when I didn't deduct preliminary expenses from the equity net worth. I think you needed to deduct them because expense not written off is deducted from net worth.

1 Like

CA Anshul Gupta (Practicing Chartered Accountant) (63 Points)
Replied 04 May 2018

Merger question..... Bonus shares =25/75 of 3000000 shares = 1000000 bonus shares such that PE ration of 5 is maintained Final answer bonus ration 1:3

1 Like