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
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