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Calculate the maximum permissible bank finance by all the three methods suggested by Tandon Committee?
(current asset - core current asset)- (net w/c) - (other current liability) = mbpf (tandon committee)
Is gold is fixed asset or current asset?
Current asset
Is cafe a current asset or fixed asset?
Current asset.
What is core current asset under maximum permissible bank finance?
Core current assets are the permanent current assets. These are the essential assets that an organization needs to cover routine activities. To calculate the maximum permissible bank finance, core current assets value is subtracted from the total current assets, because it is not liquid.
Is prepaid insurance a current asset or fixed asset?
Current Asset
Is money lent by a bank a current asset or non current asset?
non current asset
Is a security deposit a current asset or current liability?
Current Asset
Is premises a current asset or non current asset?
non-current assets.
Is fixtures and fittings a current asset or a non current asset?
non current
Is freight a current asset or non current asset?
it is a expense
Is Closing Inventory is it a current asset?
is closing inventory a current or non current asset
Is expenses owing a current liability or a current asset?
expense owing is a current asset
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