Post Utme Achievers University 2018 Commerce Question 36
Practice objective / multiple choice question 36 from the 2018 Post Utme Achievers University Commerce examination.
A sole trader, Mr. John, has a business that sells electronics. He has the following assets and liabilities: Assets: Cash = ₦100,000, Stock = ₦150,000, Equipment = ₦50,000. Liabilities: Bank Loan = ₦80,000. What is Mr. John's net worth?
Answer Options
About This Question
This is Post Utme Achievers University 2018 Commerce Question 36. It is one of the objective questions from the 2018 Post Utme Achievers University Commerce examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.