AIWMI CCRA-L2 Exam - Topic 2 Question 127 Discussion

Actual exam question for AIWMI's CCRA-L2 exam

Question #: 127
Topic #: 2

Ms. Mary Brown is a credit rating analyst. She had prepared a detailed report on one of her client, FlyHigh

Airlines Ltd, a company operating chartered aircrafts in Indi

a. As she was heading for a meeting with her superior on the matter, coffee spilled over her set of prepared paper(s). As she was getting late for meeting, instead of preparing entire set she could recollect few numbers from her memory and reconstructed following partial financial table:

PAT margins are highest in which of the years?

AFY12

BFY11

CFY10

DEqual in FY10 and FY12

Show Suggested Answer

Suggested Answer: A

by Delsie at Jun 02, 2026, 01:03 AM

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Ilene

1 day ago

Wait, are we sure about that? Looks tricky!

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Oneida

6 days ago

I think FY11 might be close too, though.

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Jennie

11 days ago

Totally agree, FY12 looks solid!

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Fabiola

17 days ago

FY12 has the highest PAT margin.

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Janae

22 days ago

I vaguely remember that FY11 had a significant drop in PAT margins compared to the other years. I think it might be the lowest, but I need to look at the data again.

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Kris

27 days ago

I’m a bit confused about how to interpret the table. I thought FY10 and FY12 had similar margins, but I need to double-check the numbers.

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Sharen

1 month ago

This question reminds me of a practice question we did on analyzing financial statements. I feel like FY12 had a higher margin, but I’m not entirely sure.

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Yuette

1 month ago

I think I remember that PAT margins can be calculated using net profit and total revenue. I just can’t recall the exact figures for each year.

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