maximum bank permissable finance

Answer Posted / apoorv

As per the tandon committee MPBF can be calculated by the
following three ways -

1. 75% (CA -CL)

2. (75%xCA) - CL

3. [75%(CA - CCA)] - CL

CA- Current Assets
CL- Current Liabilities
CCA- Core Current Assets

Is This Answer Correct ?    6 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

When Start Service Tax Deducted? How Many Percent is deduct? Service Tax deposited Date in Current 2011.

1668


how intangible assets are entered in B/s. plz send me the answer of this question in my e-mailid-prabhatsingh873@gmail.com

1615


What are the 4 phases accounting?

552


How calculate holding company account?

1631


What are premises in accounting sense? What is vat adjustment?

632






Define "book value" as applied to accounting

586


What is dd and a in oil and gas accounting?

668


example wrongly financial statments showing vat refund (under Advances) for the finanical year 08-09 , but present assement year after assement by cto given vat refund more than ledger showing balance then decided to every month set off vat payable to vat refund(advance) but more than recoverd compare with company and cto then what is the entry to be take.

1737


Can we Put "TAX INVOICE" in the sale in Transit (E1) Invoice.

1564


Do you know partitioning in accounting?

623


What is project implementation?

638


Hey can any body tell me..What are negative assets?

1610


Account for letter of credit in the books?

681


How can pass reverse entry to close the account. If the Asset sides is greater then liabilities side and vice versa, then what can I do.

1400


what is revenue recognition rule, and can you specify the answer.

1304