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Krishank

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Viewing 13 posts - 1 through 13 (of 13 total)
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  • September 7, 2021 at 8:29 am #634687
    a072fc63822d1b52a7de595bb0486c919475de6c2ef71d45619ae5c51526a500 80Krishank
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    Thank you for your response

    September 7, 2021 at 6:43 am #634667
    a072fc63822d1b52a7de595bb0486c919475de6c2ef71d45619ae5c51526a500 80Krishank
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    Which audit procedure would provide best evidence to verify accrued interest at the year end?
    1) Inspect bank reconciliation and confirm
    2) Recalculate accrued interest based on outstanding loan value
    3) Inspect bank confirmation letter to confirm the loan account interest rate
    What was the answer of this question?

    June 20, 2021 at 10:51 am #625904
    a072fc63822d1b52a7de595bb0486c919475de6c2ef71d45619ae5c51526a500 80Krishank
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    Anyone got $466 NPV in spock company question? In sec c.

    May 19, 2021 at 10:08 am #621039
    a072fc63822d1b52a7de595bb0486c919475de6c2ef71d45619ae5c51526a500 80Krishank
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    Sorry john

    May 19, 2021 at 7:20 am #621005
    a072fc63822d1b52a7de595bb0486c919475de6c2ef71d45619ae5c51526a500 80Krishank
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    Keep in mind that payback considers cash flows instead of accounting profits
    If in question you are provided with EBIT then you are required to calculate the cash flows by adjusting Tax and depreciation.

    (EBIT = CFAT+TAX-DEPRECIATION)
    CFAT is calculated after tax and before depreciation.

    May 19, 2021 at 7:15 am #621004
    a072fc63822d1b52a7de595bb0486c919475de6c2ef71d45619ae5c51526a500 80Krishank
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    Note- in order to gain the discount customer needs to pay within 1 months

    For 2 months receivable –
    {(100/100-1.5) ^12/1}-1]*100
    19.89%
    For 3months receivable –
    {(100/100-1.5) ^12/2}-1]*100
    9.5%

    March 17, 2021 at 2:43 pm #614604
    a072fc63822d1b52a7de595bb0486c919475de6c2ef71d45619ae5c51526a500 80Krishank
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    @cadhakan no 464 is the right answer and 200 shouldn’t be charged to p&l

    March 6, 2021 at 10:36 am #613728
    a072fc63822d1b52a7de595bb0486c919475de6c2ef71d45619ae5c51526a500 80Krishank
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    At disposal it was 92000

    March 6, 2021 at 6:54 am #613681
    a072fc63822d1b52a7de595bb0486c919475de6c2ef71d45619ae5c51526a500 80Krishank
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    @maisam813

    March 6, 2021 at 5:28 am #613674
    a072fc63822d1b52a7de595bb0486c919475de6c2ef71d45619ae5c51526a500 80Krishank
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    Would you like to discuss?

    March 5, 2021 at 11:15 am #613503
    a072fc63822d1b52a7de595bb0486c919475de6c2ef71d45619ae5c51526a500 80Krishank
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    How much profit or loss did anyone got in sec c Related to disposal

    March 5, 2021 at 7:39 am #613434
    a072fc63822d1b52a7de595bb0486c919475de6c2ef71d45619ae5c51526a500 80Krishank
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    What will happen to goodwill if liability is overstated?

    January 17, 2021 at 7:21 pm #606285
    a072fc63822d1b52a7de595bb0486c919475de6c2ef71d45619ae5c51526a500 80Krishank
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    Anyone waiting for pm result

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Viewing 13 posts - 1 through 13 (of 13 total)

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