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  5. Total assets minus c...

Total assets minus current liabilities is equal to a company's?

Commerce
WAEC 2003
Total assets minus current liabilities is equal to a company's?
  • A. gross profit
  • B. net profit
  • C. capital owned
  • D. capital employed
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Correct Answer: Option C
Explanation
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Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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