by: Admin_LouisPosted on:

What is the networking capital?

Use the information below to answer question .

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

Shareholders’ interest N240

Current liabilities N20

Current assets N110

Fixed assets N140
What is the networking capital?

A N90m

B N70m

C N100m

D N80m

Answer is A

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