November 2011 FM of final : Mixed reactions

1. In impact write abt future income of company, debt equity ratio, n low patment of dividend.

2.didnt get it.

3.Lease the computer. Dont consider revenue as same is both cases. Same problem in VK Sir book

4.Total fixed assets should be 1/4 of sale hence cash outflow in all years.

Solution for Q 2 can be done by multiplying the Capitalisation rates given with the respective relativity. 

This is how we'll get three theoretical values. Then the three values should be added and the average will give us the valuation as required in the problem.

A similar question was posted on CA club few days back by SANJAY SARAF EDUCATIONAL INSTITUTE PVT LTD

To be more precise, it'll be :

Capitalisation/sales as given x the Segment sales

Done separately for each, that is , Wholesale, Retail and General. 

For each of sales, assets and operating income we get values so take an average for all of them ...

happy to hear u guys did well. but bad luck follows me i did accounts bad.... SFM not bad.... any guess for auditing?

Originally posted by : sushant lohani
	After the exams ended, there were 2 types of voices in the exam hall.One who were saying," mera toh mast gaya paper. 70marks toh practise manual se thaa." Another was saying," Accounts k baad ab ICAI ne hamari lelii". In my case, it was a mixture of both. Left about 10 marks. Hadn't revised from practise manual coz i couldn't finish the main syllabus. Lame excuse,isn't it? In the 90 marks i attempted, i got stuck in some questions like. A) What did u guys do in the questions regarding capital reduction?Balance Sheet was easy, but what do u mean by impact? b) Did anybody solve Q2. After Clean and Clear in Accounts; ICAI has found new names to confuse use. "Chop Chop". What's this? c)What happened to ur ans of leasing? Borrow and buy is more favourable,isn't it? Capital needn't be computed. But,in my case , the difference between both options was quite huge. Above 5 lacs d)What about the capital budgeting question?

Chop Shop is a technique not a entity's name.

Borrow and buy was more favourable difference b/w borrow and lease option was around 2 lacs!

chop shop question? same question in study material.it is in volume 1,chapter 13 and page 21

mr. swaraj..fa should be turnover/2.5...you seem 2 have overlooked current assets

Originally posted by : Swaraj
	1. In impact write abt future income of company, debt equity ratio, n low patment of dividend. 2.didnt get it. 3.Lease the computer. Dont consider revenue as same is both cases. Same problem in VK Sir book 4.Total fixed assets should be 1/4 of sale hence cash outflow in all years.

purchase computer is suggested  in case of leasing

paper was easy , but lengthy............it was way better than accounts paper...