Question 8
WAZOBIA Enterprise's financial position as at 31st December, 1996 is as follows:
  N
fixtures 1,000.00
stock 31st december 8,000.00
Debtors 5,000.00
Creditors 3,000.00
Cash in hand 7,000.00
Bank overdraft 1,200.00
Typewriter 4,500.00
furniture 2,500.00
capital 8,000.00

Calculate:
(a) Capital owned
(b) Working capital
(c) Current liabilities
(d) Fixed capital
(e) Capital employed. 

Theory

Question details

Exam body
WAEC
Subject
Commerce
Year
1999
Question no.
#8
Type
Theory

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