Black Friday Special Limited Time 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: validbest

Exam CWM_LEVEL_2 All Questions
Exam CWM_LEVEL_2 All Questions

View all questions & answers for the CWM_LEVEL_2 exam

AAFM Chartered Wealth Manager CWM_LEVEL_2 Question # 154 Topic 19 Discussion

CWM_LEVEL_2 Exam Topic 19 Question 154 Discussion:
Question #: 154
Topic #: 19

Section A (1 Mark)

Total current assets of a company are Rs.960 lakh while the current liabilities (other than bank borrowings) are Rs.300 lakh. If the company borrowed Rs.350 lakh, what will be the amounts of Maximum Permissible Bank Finance (MPBF) under the (method I) of the Tandon committee recommendations?


A.

Rs. 495 lakh


B.

Rs. 500 lakh


C.

Rs. 505 lakh


D.

Rs. 510 lakh


Get Premium CWM_LEVEL_2 Questions

Contribute your Thoughts:


Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.