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The total assets of Ogo Plc is #16,000 and the liabilities included loan #2,000,...


Question

The total assets of Ogo Plc is #16,000 and the liabilities included loan #2,000, creditors #1,000 and electricity bill #2,000. Calculate the capital owned by the company?

Options

A) #21,000.00

B) #18,000.00

C) #17,000.00

D) #16,000.00

E) #11,000.00

The correct answer is E.


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