Use the information below to answer questions below

 

                   #

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

#14,000.00

c

#5,000.00

d

#20,000.00

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Explanation

Correct Option
c

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