Mathematics · Tandon Committee Methods
Given the following data for a company: Current Assets: ₹15,00,000 Current Liabilities (excluding bank borrowings): ₹2,00,000 Existing Bank Borrowings: ₹4,00,000 What is the Working Capital Gap (WCG) before deducting the bank borrowings or calculating maximum permissible bank finance?
- 1₹6,00,000
- 2₹3,00,000
- 3₹13,00,000✓
- 4₹4,00,000
Correct answer
₹13,00,000
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