Use the information below to answer this question ₦ Total current assets 2000 Total fixed

FINANCIAL
JAMB 2020

Use the information below to answer this question

₦

Total current assets 2000

Total fixed assets 4000

Current liabilities 1200

Drawings 200

Long term loan 2000

What is the net working capital?

  • A. ₦1800
  • B. ₦800
  • C. ₦2600
  • D. ₦600

Correct Answer: B. ₦800



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