Mritunjay Kumar Sinha
(tester)
(51 Points)
Replied 06 May 2018
| Originally posted by : Adarsh Bharuka | ||
 |
Hey buddy then we can also assume promoters already hold 75 % no need to issue bonus shares !!!Answer ends.. Though the norms require 75 % holding but we dont know what the company holds!!!! It can be anything 10% 75% or 90% Norms is different thing and what is the position of company is different thing!! |
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Capitalization Rate is given, which gives the hint how many shares are floating in the market.
CA. Niranjan Kumar
(Student)
(276 Points)
Replied 06 May 2018
Hey guy after taking a definite percentage of promoter holding question is just like 10th class question. Icai expectation that student will take assumption of such type in examination hall is rediculus. Taking one assumption out of unlimited is Very rediculus. It's definitely icai fault. At every point saying icai is correct is not right thing. Another question extension of forward contract is also printed wrong in every material of institute even in pm, where spot rate is printed in place of forward rate. Icai is not correcting it and asked same in exam 2 times. WhAt fool making process. Again we required to tAke Assumption that it is forward rate in stead of spot rate.
rohit
(fgxjgxf)
(16 Points)
Replied 06 May 2018
Divakar
(Student CA Final )
(11857 Points)
Replied 06 May 2018
Mritunjay Kumar Sinha
(tester)
(51 Points)
Replied 06 May 2018
| Originally posted by : Niranjan kumar | ||
|
Hey guy after taking a definite percentage of promoter holding question is just like 10th class question. Icai expectation that student will take assumption of such type in examination hall is rediculus. Taking one assumption out of unlimited is Very rediculus. It's definitely icai fault. At every point saying icai is correct is not right thing. Another question extension of forward contract is also printed wrong in every material of institute even in pm, where spot rate is printed in place of forward rate. Icai is not correcting it and asked same in exam 2 times. WhAt fool making process. Again we required to tAke Assumption that it is forward rate in stead of spot rate. | |
Nope institute wants relevant assumption and tests analytical ability of a student. In the present question, the capitalization rate is given to determine the total number of shares issued by the company, and once you determine that the question is done. Institute rarely gives any unncesseary details in a question. Especially in the question, this was the catch. Rest all are just plain vanilla calculations
CA. Niranjan Kumar
(Student)
(276 Points)
Replied 06 May 2018
what about the question of extension of forward contract?
CA. Niranjan Kumar
(Student)
(276 Points)
Replied 09 May 2018
Divakar
(Student CA Final )
(11857 Points)
Replied 09 May 2018
CA. Niranjan Kumar
(Student)
(276 Points)
Replied 09 May 2018
Here i agree divakar sir. Icai ruined our life. Bas dar dar ke raho, institute kuch v kare sakte saho. Yahi agar engineering medical or civil service me hota, students and media tauba kar dete. But we.....live scared
CA. Niranjan Kumar
(Student)
(276 Points)
Replied 09 May 2018
Divakar
(Student CA Final )
(11857 Points)
Replied 09 May 2018
CA. Niranjan Kumar
(Student)
(276 Points)
Replied 09 May 2018
Divakar
(Student CA Final )
(11857 Points)
Replied 09 May 2018
Yogesh Joshi
(Industrial Trainee - ONGC)
(4 Points)
Replied 04 June 2018
In question 3(a), there is no information of swapping by bank is given in question. So, how can i find out swap loss.
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