Question

Consider the following financial data for a business unit: Total Stock = ₹100 Lakhs; Creditors = ₹40 Lakhs; Bank Margin on Stock = 25%. If there are no debtors, what is the calculated Drawing Power?

A ₹75 Lakhs
B ₹60 Lakhs
C ₹45 Lakhs
D ₹50 Lakhs
E ₹35 Lakhs
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