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?
More Basic Accounting Concepts Questions
- A borrower shows DSCR 1.15, Current Ratio 1.20, Security Coverage 1.10, good promoter integrity but volatile industry outlook for next 2 years. What is the...
- Case: Sales = ₹200 crore EBIT = ₹30 crore Interest = ₹10 crore Tax = ₹6 crore What is the Interest Coverage Ratio (ICR)?
- Consider the following and select which of them forms a part of capital receipts for the GoI I.  ...
- A company uses the Written Down Value (WDV) method to calculate depreciation on its fixed assets. On which of the following value of the fixed asset, will ...
- Revenue from Contracts with Customers is detailed by the Ind AS 115 that talks about revenue recognition from a contract with a customer for transfer of go...
- The investments which by their nature are readily realizable and are intended to be held for less than a year from the date when such investment is done ar...
- W hat is the theme of World Hindi Day in 2024?
- A company shows the following balance sheet figures (₹ in crore): Equity 40, Reserves 20, Term Loan 60, Current Assets 80 and Current Liabilities 40. The b...
- A company announces rights issue in the ratio of 1:4. The face value of the share is Rs.10 and market value is Rs.70. If the rights issue is done at Rs.50,...
- On or before 15th December, how much advance tax liability must have been deposited?
Relevant for Exams:
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
