Post Utme Lead City University 2021 Accounting Question 19

Practice objective / multiple choice question 19 from the 2021 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2021 Accounting Objective / Multiple Choice
Question 19 POST_UTME_LEAD_CITY_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's balance sheet shows an increase in its current assets of \\ 10,000 and a decrease in its current liabilities of \\ 5,000. If the company's net working capital is \\ 20,000, what is the increase in its net working capital?

Answer Options

A. \\ 5,000
Correct Answer B. \\ 10,000
C. \\ 15,000
D. \\ 20,000
Correct Answer
B
Correct Option:
\\ 10,000

About This Question

This is Post Utme Lead City University 2021 Accounting Question 19. It is one of the objective questions from the 2021 Post Utme Lead City University Accounting examination.

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