Question

In the Tandon Committee Method 1, what is the maximum permissible bank finance (MPB

  • F calculated as?
A (CA - OCL) - 25% of WCG
B (CA - OCL) - 25% of CA
C (CA - OCL) - CCA - 25% (CA - CCA)
D (CA + OCL) - 10% of WCG
E (Current Assets) - 50% of Current Liabilities
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