Guys how was today's paper?
19 Replies
CA JK
(Student)
(187 Points)
Replied 07 May 2013
first question was tricky and rest all questions were easy only, and i dont know if il clear or not... will get 30plus but not sure if il clear....
anyone knows answers please discuss the same....
Varun
(CS Executive)
(320 Points)
Replied 07 May 2013
Same here.. I might get in 30's. Passing depends on how the marking will be. Hopefully its step marking.
CA JK
(Student)
(187 Points)
Replied 07 May 2013
i got cash flow tallied but presentation wast not good, and i got Rs.700 as answer for rowan incentive plan and its effective hourly rate means 700/5 or 700/6 ? i did 700/5 and got Rs.140/-
can someone tell me if leverages problem i did is right or wrong ?
Sales 42 lakhs
Contribution : 25.55% on 42 lakhs = 10,73,100
Less: fixed cost 348,000
EBIT 725,100
Less : Interest 203500
EBT = 521,600
Less tax @ 35% 182560
EAT = 339040 - amount available to equity share holders
EPS 339040/250000 = 1.35616
operating leverage = EBIT/Sales = 725100/4200000 = 0.17times
is the above right ?
CA JK
(Student)
(187 Points)
Replied 07 May 2013
what are the cost units for the following ?
i wrote this :
1. Steel - per tonne
2. Automobile - Per unit manufactured
3. Transport - Per passenger kilometer
4. Power - per kilowatt or per horse power
are the above correct ?
Naveen Jain
(Article Trainee)
(134 Points)
Replied 07 May 2013
@ CA Jk yes correct check practice manual it is there in it
and operating leverage is wrong as u have used the percentage formula whereas we had to use dynamic formula
MILI MANAN PARIKH
(PARTNER)
(109 Points)
Replied 07 May 2013
There shud be contribution instead sales in OL.
Vimala
(ipcc)
(39 Points)
Replied 07 May 2013
Easy paper today,straight forward questions.But I can't able to complete the paper.
Vineet Somani
(Article Trainee)
(52 Points)
Replied 07 May 2013
what was the cost per unit in process accounts..?
Naveen Jain
(Article Trainee)
(134 Points)
Replied 07 May 2013
@ vineet somani check practice manual it is from there
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