The letter Y represents?

Use the information to answer the question below

Years	Current Assets	Liabilities	Fixed Assets	Capital
	#	#	#	#
2018	52550	78600	127450	X
2017	41650	53220	Y	116780

 

A. #170,000
B. #128,350
C. #94,870
D. #211,650

Correct Answer:

Option B = #128,350

Explanation

Y (Fixed Assets) = Capital + Liabilities – Current Assets

= 116,780 + 53,220 – 41,650

= 170,000 – 41,650

= 128,350