Use the following information to answer the given question:
Issued capital……………..100,000
Ordinary shares…………….40,000
Preference shares…………..30,000
Reserves…………………..10,000
Debentures…………………60,000
Current……………………150,000
Fixed assets……………….90,000
Current assets……………..240,000
What is the total of Net Assets of the business?
A N200,000
B N180,000
C N160,000
D N150,000
Answer is B
