Need Help on this quiz

No replies
gwen
Offline
Joined: 06/08/2015
Printer-friendly versionSend by emailPDF version

Dear all,

good day to you.

Letter of credit opened unutilized 10k
Letter of credit opened unutilized  25k
Banker’s Credit Limit 150k
Imports bills under credit (Bill Receivable) 20k
Fixed Loan against Trust Receipt 80k
New application for credit 38K
Discuss whether the bank would approve the new application for credit.

Please refer to the attached and advise accordingly.

Thank you.

 

//
//