Question 10
Desola cobola, a business man has the following assets and liabilities as at 01/01/07
  Le
stock 120,000
fixtures 335,000
Debtors 111,000
Overdraft 27,000
machinery 348,000
motor vehicles 232,000
cash  82,000
creditors 101,000

From the above information, calculate the following:
(a) Total fixed assets
(b) Total current assets
(c) Total current liabilities
(d) The working capital
(e) The capital employed

Theory

Question details

Exam body
WAEC
Subject
Commerce
Year
2011
Question no.
#10
Type
Theory

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