Question
A term loan outstanding is ₹90 crore. Security
comprises Plant valued at ₹100 crore with FSV 50% and land valued at ₹40 crore with FSV 80%. The bank wants to compute coverage on forced sale value basis. What is the security coverage ratio?Solution
Total FSV = 50 + 32 = 82. Coverage = 82 / 90 = 0.91.
More Basic Accounting Concepts Questions
The water activity is measured on a scale of range
AGMARK was promulgated in:
Which of the following statements is/are correct?
a. Molds are fairly resistant to dry heat
b. Cocci usually are ...
Which of the following is a disadvantage of food processing?
1g glucose provides how much energy.
In the ICMR Five Food Group System, the fifth group is:
The “Repeating Unit” of glycogen is:
Flame peeling is generally used for
Which one of the following does VO2 max represent?
(i)Food components (a ) Product of digestion
(ii) Carbohydrates (b) fatty acid glycerol
(iii)Lysine ...
Relevant for Exams:
