Post Utme Eksu 2024 Accounting Question 40

Practice objective / multiple choice question 40 from the 2024 Post Utme Eksu Accounting examination.

Post Utme Eksu 2024 Accounting Objective / Multiple Choice
Question 40 POST_UTME_EKSU • 2024 • ACCOUNTING • objective

A company has the following balance sheet: Assets: - Cash: ₦50,000 - Accounts receivable: ₦100,000 - Inventory: ₦200,000 - Equipment: ₦300,000 Liabilities: - Accounts payable: ₦150,000 - Long-term debt: ₦200,000 What is the company's net working capital?

Answer Options

A. ₦100,000
Correct Answer B. ₦150,000
C. ₦200,000
D. ₦250,000
Correct Answer
B
Correct Option:
₦150,000

About This Question

This is Post Utme Eksu 2024 Accounting Question 40. It is one of the objective questions from the 2024 Post Utme Eksu Accounting examination.

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