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AIWMI CCRA-L2 Exam - Topic 2 Question 127 Discussion

Ms. Mary Brown is a credit rating analyst. She had prepared a detailed report on one of her client, FlyHighAirlines Ltd, a company operating chartered aircrafts in India. 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?
A) FY12
B) FY11
C) FY10
D) Equal in FY10 and FY12

AIWMI CCRA-L2 Exam - Topic 2 Question 127 Discussion

Actual exam question for AIWMI's CCRA-L2 exam
Question #: 127
Topic #: 2
[All CCRA-L2 Questions]

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?

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Suggested Answer: A

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

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Miesha
5 days ago
But FY12 shows better margins overall.
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Scarlet
10 days ago
FY10 has solid numbers too.
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Rachael
15 days ago
I’m leaning towards FY10.
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Lavonna
20 days ago
The growth trend looks strong.
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Tracie
26 days ago
Why FY12?
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Lavonna
1 month ago
I think it's FY12.
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Miesha
1 month ago
Tough question!
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Amber
1 month ago
FY10 and FY12 are equal, right?
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Ilene
2 months ago
Wait, are we sure about that? Looks tricky!
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Oneida
2 months ago
I think FY11 might be close too, though.
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Jennie
2 months ago
Totally agree, FY12 looks solid!
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Fabiola
2 months ago
FY12 has the highest PAT margin.
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Janae
2 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.
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Kris
2 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.
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Sharen
3 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.
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Yuette
3 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.
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