banner_ad

Sfm supplementary problem doubt in financial services in ind

CA Final 362 views 1 replies
User Avatar

student
5 Points Posted on 05 June 2017

Dear sir,

 

​I have a doubt in SFM problem,

 how 

​"​

cost of long term fund invested in debtors

​"​

 is calculated in solution image 

​I​

 mean Rs 943.8 crores and Rs 882.42 crores for recourse/non recourse options under fine bank proposal

thank u advance

 

 

​Regards,

 

vamshi

Attached File : 623103 20170605132320 new doc 2 1.jpg downloaded: 140 times
0 Reply Share Follow
On 05 June 2017 at 13:23 Report
Replies (1)
Guest

It is the total amount of advance received during the year:

(1,100 - 27.50) x 88% = 943.80,

(1,100 - 49.50) x 84% = 882.42.

"Cost of funds invested in debtors" is the interest cost on amount of debtors less advance received from factor, or on net debtors that remain due for 30 days.

Reply
On 06 June 2017 at 16:50


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details