Drawing power calculation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 March 2013
can anyone tell me how Drawing power calculation been done?
if My CA is 1000 crore and CL is 1200 cr what will be my DP
if My CA is 1000 crore and CL is 1200 cr what will be my DP
CMA Ramesh Krishnan
(Expert)
21 July 2013
Under first method of lending
Drawing power =75% x (CA-CL)
Under 2nd method
Drawing power = 75% of CA less CL
Drawing power =75% x (CA-CL)
Under 2nd method
Drawing power = 75% of CA less CL
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