How was todays fr paper ??

It was wonderful paper for anyone who has prepared atleast the basics. Nice paper.

2 Ind AS questions came.

Most of the questions were simple and easy.

How did u do valn of bus...

Dear friends,

Do not waste your time in commenting how was the paper.. Do study for the next paper of SFM. You can do that after completing your examinations.

Just FMP needs to be computed. 

PAT

Add back - Tax 40%

Less: Subsidy (Non recurring)

Less: Interest last installment 

Less: Increase in managerial remuneration

Add: Loss on sale of FA (non-cash)

Less: Tax 45%

Face value and Market value - Irrelevant

other then the compulsory questions rest was good .... cfs was the easiest question ! m.fund question was a treat ...