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AIWMI CCRA-L2 Exam - Topic 9 Question 102 Discussion

Actual exam question for AIWMI's CCRA-L2 exam
Question #: 102
Topic #: 9
[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?

Show Suggested Answer Hide Answer
Suggested Answer: D

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Herschel
4 months ago
Just checked, FY12 is definitely the winner!
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Colette
4 months ago
FY11 was pretty solid too, but I think FY12 takes it.
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Noah
4 months ago
Wait, are we sure about that? Looks close!
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Mitsue
4 months ago
Totally agree, FY12 was a strong year!
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Elden
5 months ago
FY12 had the highest PAT margins.
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Andra
5 months ago
I vaguely remember that FY12 had a significant increase in profitability, so I’m tempted to choose A. But I should have reviewed the trends more thoroughly.
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Curtis
5 months ago
I feel like the PAT margins were pretty close in FY10 and FY12. I’m leaning towards option D, but I’m not entirely confident.
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James
5 months ago
This question reminds me of a practice question we did on financial ratios. I think FY11 had a strong performance, but I can’t recall the exact figures.
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Youlanda
5 months ago
I remember studying how to calculate PAT margins, but I’m not sure which year had the highest. I think it might be FY12, but I need to double-check the numbers.
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Andra
5 months ago
Argh, I wish I had the full financial report! But I'll do my best to reconstruct the missing information and make an informed decision.
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Tuyet
5 months ago
This is a good opportunity to demonstrate my analytical skills. I'll methodically work through the numbers and show my reasoning.
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Edda
5 months ago
Okay, let me think this through step-by-step. I'll calculate the PAT margin for each year and compare them to find the highest one.
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Dyan
5 months ago
Ugh, I hate when exam questions involve incomplete information. I'll have to make the best guess I can based on the limited data provided.
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Cordelia
5 months ago
Hmm, this looks tricky. I'll need to carefully analyze the partial financial data to determine which year had the highest PAT margins.
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Tammy
10 months ago
Okay, let's think this through. The PAT margins are 15% in FY11, 20% in FY10, and 20% in FY12. So the answer must be C or D. I'll go with C since it's the more specific answer.
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Altha
11 months ago
Ha! Imagine the look on Ms. Mary Brown's face when she spilled coffee all over her report. I bet she was really sweating it on her way to the meeting.
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Dino
9 months ago
A: I wonder if she was able to remember the numbers correctly to reconstruct the table.
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Candra
9 months ago
B: I know, that must have been so stressful for her.
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Delmy
10 months ago
A: I can't believe she spilled coffee on her report!
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Rolande
11 months ago
This question is tricky! I'm going to have to carefully analyze the data to determine the correct answer. Spilling coffee on the report is a real bummer.
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Gearldine
11 months ago
I think the correct answer is D. The PAT margins are equal in FY10 and FY12, both at 20%.
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Tamra
10 months ago
That's correct, the PAT margins are 20% in both FY10 and FY12.
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Vicki
10 months ago
Yes, the PAT margins are highest in FY10 and FY12, both at 20%.
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Alyssa
10 months ago
I agree with you, the PAT margins are indeed equal in FY10 and FY12.
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Marylou
10 months ago
That's correct, the PAT margins for FY10 and FY12 are both at 20%.
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Benton
11 months ago
I agree with you, the PAT margins are indeed equal in FY10 and FY12.
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Melissa
11 months ago
I think the correct answer is D. The PAT margins are equal in FY10 and FY12, both at 20%.
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Mike
11 months ago
The PAT margins are highest in FY10 based on the information provided in the partial financial table. The PAT margin for FY10 is 20%, which is the highest among the three years shown.
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Shanda
10 months ago
Good to know. Thanks for the information.
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Tiara
10 months ago
That's correct. FY10 has a PAT margin of 20%.
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Whitney
11 months ago
FY10 has the highest PAT margins.
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Andra
11 months ago
FY10
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Gracia
11 months ago
I'm not sure, but I think it could be equal in FY10 and FY12 because both have 10% PAT margin.
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Clemencia
11 months ago
I agree with Larae, because the PAT margin is 12% in FY12 which is the highest among the given options.
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Larae
11 months ago
I think the PAT margins are highest in FY12.
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