Use the information below to answer question . Statement of assets and liabilities as at

FINANCIAL
JAMB 2002

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

Correct Answer: A. N90m



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