AIWMI CCRA-L2 Exam - Topic 9 Question 102 Discussion

Actual exam question for AIWMI's CCRA-L2 exam

Question #: 102
Topic #: 9

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: D

by Azzie at Oct 21, 2024, 07:01 AM

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Herschel

5 months ago

Just checked, FY12 is definitely the winner!

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Colette

5 months ago

FY11 was pretty solid too, but I think FY12 takes it.

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Noah

6 months ago

Wait, are we sure about that? Looks close!

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Mitsue

6 months ago

Totally agree, FY12 was a strong year!

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Elden

6 months ago

FY12 had the highest PAT margins.

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Andra

6 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

6 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

7 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

7 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

7 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

7 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

7 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

7 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

7 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

12 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

1 year 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

11 months ago

A: I wonder if she was able to remember the numbers correctly to reconstruct the table.

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Candra

11 months ago

B: I know, that must have been so stressful for her.

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Delmy

11 months ago

A: I can't believe she spilled coffee on her report!

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Rolande

1 year 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

1 year 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

12 months ago

That's correct, the PAT margins are 20% in both FY10 and FY12.

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Vicki

12 months ago

Yes, the PAT margins are highest in FY10 and FY12, both at 20%.

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Alyssa

12 months ago

I agree with you, the PAT margins are indeed equal in FY10 and FY12.

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Marylou

12 months ago

That's correct, the PAT margins for FY10 and FY12 are both at 20%.

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Benton

1 year ago

I agree with you, the PAT margins are indeed equal in FY10 and FY12.

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Melissa

1 year 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

1 year 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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