In q11 answer should have been 115000 cause FMV of bugle and cathay group is taken and amortized cost of dumas SA is taken in Q14 answer should be 1000 higher but at the back its mentioned as C Please help
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BarjatyaNamanThe Official Nerd
Case 4 relates to an eco experiencing hyper-inflation & now the translation is to be done, I’ve a series of doubts in this: In case of US GAAP we consider Reporting Currency(RC) = Functional Currency(FC) i.e., we convert Non-Monetary A/L at ...
BarjatyaNamanThe Official Nerd
I wanted to know why do we translate the F/S of our subsidiaries who are not independent & whose functional currency is the parent co’s., local currency? Why I had this doubt? Because functional currency (FC) means the currency in which the ...
BarjatyaNamanThe Official Nerd
I’ve a series of doubts, Here in Step 1 we’ve written that we show all items of I/S based on avg rate but what about COGS & all the O/S dues that the co., owes/owed that has it’s effect on I/S, ...
ysmundadaBeginner
here in equity method..we paid 50mil extra for ppe and 30 for patent so why are we just taking depreciation on 50 extra why not on the whole 250 ?? I’m confused here..like i know it’s not complete acquisition but ...
BarjatyaNamanThe Official Nerd
In this ex., on the year end date will the co., in it’s B/S record A/P = 5,950 or 6,050 & also the inventory at 5,950 or 6,050? On the settlement date will the co., make a payment of 6,250? And ...
Amit80Beginner
Cfa L2 volume 4 pg no 99, item set 25- 33, question 30, why we take avg value GPI for revenue calculation.
Amit80Beginner
Cfa L2 volume 4 pg no 99 , questions 30, why we take avg value GPI for invention calculation.
BarjatyaNamanThe Official Nerd
In the formula for computing TPPC why don’t we take the amt of benefits paid to the ex employers? Is it because the impact is reflected under B/S as a deduction from FVA & Cash? Please help. Thank you!
BarjatyaNamanThe Official Nerd
Here the PBO amt = 3.967 was computed as, PMT 2000 N 15 I/Y 8% CPT PV = 17,119(approx) STO 1, then RCL 1 FV N 19 I/Y 8% CPT PV = 3,967 We did this computation using END mode in calci according to which our computed PV came ...
