AIWMI Exam CCRA-L2 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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Tammy

2 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

2 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

12 days ago

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

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Candra

16 days ago

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

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Delmy

23 days ago

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

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Rolande

2 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

2 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

1 months ago

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

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Vicki

1 months ago

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

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Alyssa

1 months ago

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

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Marylou

1 months ago

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

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Benton

2 months ago

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

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Melissa

2 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

2 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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