How to calculate Drawing Power of a Company availing the Packing Credit Facility.?
ahmad indorewala (1 Points)
07 January 2017How to calculate Drawing Power of a Company availing the Packing Credit Facility.?
Ritesh Kumar Batsh
(Asst. Accounts Manager)
(63 Points)
Replied 08 January 2017
Ramanuj
(Accountant.)
(834 Points)
Replied 09 January 2017
I think
Drawing Power calculation as Total Stock -Creditor - Dead stock = New Stock @ 80 % Given to Amount
thanks & regards
Ramanuj
CAclubindia
