What is the capital attributable to the equity shareholders?

Use the following information to answer the given question:

Issued capital……………..100,000
Ordinary shares…………….40,000
Preference shares…………..30,000
Reserves…………………..10,000
Debentures…………………60,000
Current……………………150,000
Fixed assets……………….90,000
Current assets……………..240,000

What is the capital attributable to the equity shareholders?

A. N130,000
B. N140,000
C. N170,000
D. N180,000
E. n240,000

Correct Answer:

Option D – N180,000