If the assets and liabilities of a firm were valued at N17,200 and N5,120 respectively,...

FINANCIAL
JAMB 2005

If the assets and liabilities of a firm were valued at N17,200 and N5,120 respectively, the capital of the firm would be?

  • A. N22 320
  • B. N17 200
  • C. N12 080
  • D. 5 120

Correct Answer: C. N12 080



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