Use the following information to answer the given question

N
Fixed assets 12,000
Current assets 5,000
Current liabilities 2,300
Capital 10,000
Long term liabilities 4,700

 

A. N10,000
B. N9,500
C. N5,800
D. N5,300
E. N5,200

Correct Answer:

Option C – N5,800

Sunday

Recent Posts

EME 407 Theory Questions: Organizational Behaviour And Principles Of Organization

400 Level  Management Behaviour In Organizations Practice exam questions and detailed answers. Download the answers in…

15 mins ago

EME 405 Theory Question: Implementing Accounting Information On System

400 Level  Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…

30 mins ago

EME 405 Theory Question: Management Accountant Responsibilities

400 Level  Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…

44 mins ago

EME 405 Theory Question: Significance Of Budgeting In An Educational Institution

400 Level  Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…

59 mins ago

EME 405 Theory Questions: Management Accounting And Functions

400 Level  Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…

18 hours ago

EME 405 Theory Questions: Basic Accounting Conventions

400 Level  Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…

18 hours ago