Use the information below to answer the question that follows:Statement of asset...
Question
Use the information below to answer the question that follows:
Statement of assets and liabilities as at 31st December, 2001:
| Shareholders' interest | ₦240 |
| Current liabilities | ₦20 |
| Current assets | ₦110 |
| Fixed assets | ₦140 |
What is the networking capital?
Options
A)
₦90m
B)
₦70m
C)
₦100m
D)
₦80m
The correct answer is A.
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