What is the networking capital?

Use the information below to answer the question that follows:

Statement of assets and liabilities as at 31st December, 2001:

Shareholders’ interest₦240
Current liabilities₦20
Current assets₦110
Fixed assets₦140

What is the networking capital?

Options

A) ₦90m

B) ₦70m

C) ₦100m

D) ₦80m

The correct option is A

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