Discuss AIWMI CCRA-L2 Exam Topic 2 Question 127

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

Suggested Answer: A

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23 comments · newest first

Tracie 14 days ago

Let’s see what the answer is!

Rachael 19 days ago

I’ll go with FY10 then.

Miesha 24 days ago

I’ll stick with FY12 for sure.

Lavonna 29 days ago

That’s possible, but I doubt it.

Scarlet 1 month ago

Maybe equal in FY10 and FY12?

Tracie 1 month ago

I feel like it’s a close call.

Rachael 1 month ago

True, but FY10 had a good start.

Miesha 2 months ago

But FY12 shows better margins overall.

Scarlet 2 months ago

FY10 has solid numbers too.

Rachael 2 months ago

I’m leaning towards FY10.

Lavonna 2 months ago

The growth trend looks strong.

Tracie 2 months ago

Why FY12?

Lavonna 3 months ago

I think it's FY12.

Miesha 3 months ago

Tough question!

Amber 3 months ago

FY10 and FY12 are equal, right?

Ilene 3 months ago

Wait, are we sure about that? Looks tricky!

Oneida 3 months ago

I think FY11 might be close too, though.

Jennie 3 months ago

Totally agree, FY12 looks solid!

Fabiola 4 months ago

FY12 has the highest PAT margin.

Janae 4 months 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.

Kris 4 months 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.

Sharen 4 months 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.

Yuette 4 months 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.

AIWMI CCRA-L2 Exam - Topic 2 Question 127 Discussion