Use the information below to answer the question:Statement of assets and liabili...
Question
Use the information below to answer the question:
Statement of assets and liabilities as at 31st December, 2001.
Shareholders' interest ₦240
Current liabilities ₦20
Current assets ₦110
Fixed assets ₦140
Determine the value of the trade investment?
Options
A)
₦8m
B)
₦10m
C)
₦15m
D)
₦20m
The correct answer is B.
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