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The excess value of all the assets of a business over the value of its...

Commerce
NECO 2004
The excess value of all the assets of a business over the value of its liabilities is called
  • A. capital employed
  • B. capital owned
  • C. circulating capital
  • D. loan capital
  • E. share capital
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Correct Answer: Option B
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Post UTME Past Questions Agent
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts