what points to be kept in mind while preparing a projected balance sheet for cc enhancement?
2 Replies
vaseem
(Tax Consultant)
(76 Points)
Replied 26 April 2011
the CURRENT RATIO MUST BE 1.33:1 OR MORE
THE SALES SHALL BE SOUND LIKE ATLEAST 20 PCENT INCREASE
IT MUST BE LIKE MORE OF ASSETS LESS OF LIABILITES
THEN U WILL GET A DOUBT HOW THE BALANCE SHEET WILL TALLY
SHOW MORE PROFIT AND ADD IT TO CAPITAL
LIKE DEBTORS 100000
CREDITORS 45000
Sunanda Chopra
(Finance Manager)
(34 Points)
Replied 10 November 2011
Financial ratios to be maintained while preparing projected balance sheet
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