ICAB PL Financial Management case studies
ICAB PL Financial Management · Put your knowledge to work in context.
The ICAB Professional Level Financial Management paper is one component of the Professional Level examinations of The Institute of Chartered Accountants of Bangladesh (ICAB), a National Professional Accounting Body in Bangladesh. ICAB describes itself as the regulatory body for the profession of accountants and connected matters, and states that the education, training and qualification it imparts is recognized internationally. The ICAB PL Financial Management case studies are 5 cases and about 3,611 words.
1The Refinancing Window That Closes Early
Kestrel Engineering Ltd has a BDT 40 crore term loan at 11.5% fixed, repayable in equal annual instalments over the remaining six years. The CFO can refinance now at 9.8% fixed for five years, but the lender charges a 2.0% arrangement fee on the new principal and a 1.5% prepayment penalty on the outstanding balance.
716 words, about 4 min2The Dividend That Looks Affordable Until You Check the Cash
Padma Foods plc reports net profit after tax of BDT 18 crore on revenue of BDT 240 crore. It has 6 crore shares outstanding trading at BDT 42.
699 words, about 3 min3The Machine Replacement With a Capacity Trap
Rupsha Textiles is deciding whether to replace a five-year-old loom. The old loom has a book value of BDT 8 crore, a remaining tax life of five years (straight-line), and could be sold today for BDT 5 crore.
798 words, about 4 min4The Receivables Policy That Grows Sales and Starves Cash
Jamuna Distributors has annual credit sales of BDT 120 crore, receivables days of 45, and a gross margin of 22%. It funds working capital with an overdraft at 13%.
678 words, about 3 min5The Acquisition Where the Synergy Is Real but the Price Is Not
Meghna Group is bidding for a smaller competitor. The target's standalone free cash flow is BDT 12 crore, growing at 4% in perpetuity, and its WACC is 11%.
720 words, about 4 min