Post Utme Unn 2019 Accounting Question 37

Practice objective / multiple choice question 37 from the 2019 Post Utme Unn Accounting examination.

Post Utme Unn 2019 Accounting Objective / Multiple Choice
Question 37 POST_UTME_UNN • 2019 • ACCOUNTING • objective

A company has the following balance sheet: ₦100,000 in cash, ₦50,000 in accounts payable, and ₦20,000 in accounts receivable. What is the company's net working capital?

Answer Options

A. ₦50,000
Correct Answer B. ₦60,000
C. ₦70,000
D. ₦80,000
Correct Answer
B
Correct Option:
₦60,000

About This Question

This is Post Utme Unn 2019 Accounting Question 37. It is one of the objective questions from the 2019 Post Utme Unn Accounting examination.

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