Post Utme Uniosun 2021 Accounting Question 33

Practice objective / multiple choice question 33 from the 2021 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2021 Accounting Objective / Multiple Choice
Question 33 POST_UTME_UNIOSUN • 2021 • ACCOUNTING • objective

A company's balance sheet shows the following assets and liabilities: Assets: ₦500,000 cash, ₦200,000 accounts receivable, ₦300,000 inventory Liabilities: ₦400,000 accounts payable, ₦100,000 long-term loan What is the company's net working capital?

Answer Options

A. ₦100,000
Correct Answer B. ₦200,000
C. ₦300,000
D. ₦400,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Uniosun 2021 Accounting Question 33. It is one of the objective questions from the 2021 Post Utme Uniosun Accounting examination.

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