Home » » Use the following information to answer the given question:$$\begin{array}{c|c} & ₦ \\ \hline Debtors & 30,000 \\ Creditor & 20,000 \\ \text{Opening stock} & 15,000 \\ \text{Closing stock} & 18,000\\ Wages & 3,000 \\ Salaries & 10,000 \\ Purchases & 30,000 \\ Sales & 60,000\end{array}$$The working capital is...

Use the following information to answer the given question:$$\begin{array}{c|c} & ₦ \\ \hline Debtors & 30,000 \\ Creditor & 20,000 \\ \text{Opening stock} & 15,000 \\ \text{Closing stock} & 18,000\\ Wages & 3,000 \\ Salaries & 10,000 \\ Purchases & 30,000 \\ Sales & 60,000\end{array}$$The working capital is...

Question

Use the following information to answer the given question:

$$\begin{array}{c|c} & ₦ \\ \hline Debtors & 30,000 \\ Creditor & 20,000 \\ \text{Opening stock} & 15,000 \\ \text{Closing stock} & 18,000\\ Wages & 3,000 \\ Salaries & 10,000 \\ Purchases & 30,000 \\ Sales & 60,000\end{array}$$

The working capital is

A) 48,000

B) ₦33,000

C) ₦28,000

D) ₦25,000

E) ₦10,000