Use the information below to answer the question.
…………………….31 Dec. 05……..31 Dec. 06
Total fixed assets………N7 800…………N6 600
Total current assets…….N12 100…………N17800
Total current liabilities..N4 700…………N3 800
Drawings for 2006 is N5 200.
A. N20 600
B. N15 200
C. N13 800
D. N11 600
Correct Answer:
Option B – N15 200
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![A spring balance, which is suspended from the roof of a lift, carries a mass of 1kg at its free end. If the lift accelerates upwards at 2.5ms‾², determine the reading on the spring balance. [g = 10ms‾²]](https://erudites.ng/wp-content/plugins/contextual-related-posts/default.png "A spring balance, which is suspended from the roof of a lift, carries a mass of 1kg at its free end. If the lift accelerates upwards at 2.5ms‾², determine the reading on the spring balance. [g = 10ms‾²]")
