Commerce
WAEC 2022
Use the information below to answer question 13 and 14
|
# |
Sales |
50,000.00 |
Debtors |
10,000.00 |
Cash-in-hand |
5,000.00 |
Opening stock |
30,000.00 |
Creditors |
8,000.00 |
Purchases |
16,000.00 |
Overdraft |
12,000.00 |
Closing stock |
10,000.00 |
calculate the working capital.
-
A.
#35,000.00
-
B.
#20,000.00
-
C.
#15,000.00
-
D.
#14,000.00
Correct Answer: Option D
Explanation
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