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AIWMI CCRA-L2 Exam - Topic 5 Question 10 Discussion

During FY13, Small Bazar, a leading retail company has sold three of its prime properties for a sum of USD 24 Million. The same had a carrying value of USD 30 Million.Analyst had considered the same as operating income and considered it to be part of operating expenses.However, she realized her mistake and recorded the loss as non-operating loss. Which of the following ratio will not change despite the correction?A) EBITDA MarginsB) Interest CoverageC) PAT MarginsD) Gross Profit Margin
B) A, B & C
A) B, C & D
C) B, C
D) All Ratios will change

AIWMI CCRA-L2 Exam - Topic 5 Question 10 Discussion

Actual exam question for AIWMI's CCRA-L2 exam
Question #: 10
Topic #: 5
[All CCRA-L2 Questions]

During FY13, Small Bazar, a leading retail company has sold three of its prime properties for a sum of USD 24 Million. The same had a carrying value of USD 30 Million.

Analyst had considered the same as operating income and considered it to be part of operating expenses.

However, she realized her mistake and recorded the loss as non-operating loss. Which of the following ratio will not change despite the correction?

A) EBITDA Margins

B) Interest Coverage

C) PAT Margins

D) Gross Profit Margin

Show Suggested Answer Hide Answer
Suggested Answer: B

by Flo at May 04, 2022, 01:51 AM

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11 months ago
EBITDA Margins won't change, that's correct!
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Vivan
11 months ago
Surprised they initially recorded it wrong!
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Sabra
11 months ago
I thought operating income included all sales?
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Cecily
11 months ago
That loss being non-operating makes sense.
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Ligia
11 months ago
Small Bazar sold properties for $24M, carrying value was $30M.
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Lenna
12 months ago
Based on the information provided, I'd say the most likely issue is that there's no Identification Rule defined for Tomcat. That would prevent the connection from being detected.
upvoted 0 times
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Evangelina
12 months ago
Okay, I've got this. The QA group is responsible for ensuring program changes adhere to standards, so I'm going to go with option A.
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