Mid-term Financial Management exam yesterday and the day before our 'guru' (Mr. Sandeep Gokhale) had one piece of advice for us.
"If you do any of the following blunders i will personally ensure that
you get a grade 'D' in FM:
1.Giving tax shield to equity source of funds, when calculating cost of capital.
2.Showing depreciation in cash flow statment.
For those into fin or accounts , you will agree with him.
"If you do any of the following blunders i will personally ensure that
you get a grade 'D' in FM:
1.Giving tax shield to equity source of funds, when calculating cost of capital.
2.Showing depreciation in cash flow statment.
For those into fin or accounts , you will agree with him.
Luckily , the exam was , relatively ,easier.
Guess i'll die another day. It's not my time to go !
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