Question
A firm has Total Current Assets of ₹160 lakh, Other
Current Liabilities (excluding bank borrowing) of ₹40 lakh, and a Minimum Working Capital margin of 25%. As per the MPBF (Maximum Permissible Bank Finance) method (Tandon II), calculate the bank finance.Solution
Step 1: Calculate Minimum Working Capital Margin (MWCM) MWCM = 25% of TCA = 25% of ₹160 lakh = ₹40 lakh Step 2: Maximum Permissible Bank Finance (MPBF) As per Tandon Method II: MPBF = Total Current Assets - Other Current Liabilities - Margin So, MPBF = 160 lakh - ₹40 lakh - ₹40 lakh = ₹80 lakh
Black leg is a disease of which vegetable?
Vegetative propagation is an asexual method of plant reproduction and different plants are propagated by using different vegetative propagules. Coconut ...
Cauliflorous bearing habit i.e fruits are borne on trunk and branches, is found in which horticultural crop?
In cabbage, cauliflower and broccoli, hollow stems with darkened interiors are most often caused by:
‘Jack fruit’ belongs to family
Curd is the economical part of which of the following vegetable?
Parasitic weed in sorghum crop is
Nobilization of Sugarcane in India was done by
Edible part of cauliflower is
Relevant for Exams:
