What is the working capital?

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 working capital?

A N90.00

B N5.00

C N40.00

D N30.00

Answer is A

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