Question
Calculate the Asset coverage ratio of JKL Ltd based on given information?
Refer to the following Date for Q1-Q3 The Balance Sheet and Profit and Loss Statement of JKL Ltd is as follows: Balance Sheet Amount (Rs.) Profit & Loss Statement Amount (Rs.) Non-Current Assets 23,50,000 Revenue 60,00,000 Current Assets 31,00,000 Raw Material 37,80,000 Total Assets 54,50,000 Direct expenses 7,60,000 Share Capital 10,00,000 Overhead Expenses 6,70,000 Retained Earnings 20,00,000 Depreciation 1,00,000 Debt 14,40,000 Interest 4,00,000 Current Liabilities 10,10,000 Tax 90,000 Total Equity and Liabilities 54,50,000 Profit for the year 2,00,000
More Banking System in India Questions
- What is the group borrower exposure limit for an NBFC-IFC in the middle layer as per the scale-based regulations (SBR) for NBFCs?
- What is the minimum Net NPA requirement for an Urban Co-operative Bank (UCB) to be classified as Financially Sound and Well Managed (FSWM)?
- The term “leverage” in financial management typically refers to:
- What distinguishes a credit union from a commercial bank?
- Employees who are _____ motivated tend to work at higher levels of productivity and strive to develop professionally.
- Operating risk is most likely to increase as a result of _______
- Which one of the following is an example for Non-Banking Financial institution?
- In 2008, India launched the National Action Plan on Climate Change (NAPCC), establishing _________ National Missions, covering several initiatives and a sl...
- Which among the following method is also called as Original cost method, Fixed Installment method or Equal Installment method?
- What is the duration for which Payment Service Providers must maintain their books of accounts, records, and documents as per IFSCA regulations?
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
