Ans 1 (a) DTA 1,94,355 ( 122500-54300-623500
(b) A not reportable B C reportable ( Segment assets do not include income tax assets para 5.8 as 17)
(c) (1) 16 lac, 32 lac (II) 62 lac
(d) I wrote cash and cash equivalend , but now i think it should be other current assets, dont know
ans 2 not attempted
ans 3 G/W 22,300 MI- 254100, B/S TOTAL - 41,87,300 ( applied short cut method for dividend)
Ans 4 (a) Rs 9.4 lac, 2.4 lac 5.4 lac transfer to General reserve - Rs 10,000
(b) alternate 1if u follow module which assume that at end of year 3 share willl be given (illustration 7 ch 6) then debt = 19,86,955 alternative 2 as per parveen sir if u assume that cash will be given, debt -123995
Ans 5 FMP - Rs 4,00,000 (approx) G/W Rs 6,90,400 Intrinsic value = Rs 298
Ans 6 (a) WACC - 13.525% NOPAT = 831 LAC
(b) 1,09,13,947
Ans 7 (c) Not PPI (AS 5)
(D) 1,50,000 capitalized (9mths on shed construction, purchase of plant not a qualifing asset)
(e) captal reserve
please tell uranswers also
all the best for sfm
regards
rahul
CAclubindia
