Question
An Indian corporate expects to pay USD in 3 months and
fears the USD will appreciate. Which hedging strategy is most suitable?Solution
If USD appreciates, the firm must pay more in INR. For example, if the USD/INR is Rs. 88 per USD and it USD appreciates to Rs.90 per USD, the USD is said to appreciate and INR is said to depreciate. A USD call option gives the right to buy USD at a fixed strike (Say USD/INR of Rs.88), protecting the cost of USD payments. A put option protects USD receipts, not payments. Currency swaps are long-term instruments and not suitable for short-term hedges.
A firm has EBIT of ₹10 lakh, tax rate 30%, cost of equity 15%, and cost of debt 10%. It has 50% debt and 50% equity. Calculate WACC (assuming book val...
_______ refers to the information collected by an auditor to ascertain the accuracy and compliance of a company's financial statements.
____________ = (sales value – variable cost)/ Sales value
An asset is purchased for ₹10,00,000. Salvage value is ₹1,00,000. Useful life is 5 years. Using WDV @ 10%, what is the depreciation in year 3?
GSTN is a?
 If the inventory turnover is divided by 365, it becomes a measure of
Which of the following is true about amortisation of intangible assets under Ind AS?
With respect to self-balancing ledgers, which of the statement is incorrect?
Bank loans to startups are eligible for classification under Priority Sector Lending up to what limit?
Which Ind AS deals with Revenue from Contracts with Customers?