| N | |
| premises | 32,000 |
| motor vehicle | 15,000 |
| debtors | 15,000 |
| stock | 20,000 |
| creditors | 10,000 |
what is the value of working capital
- N47,000
- N35,000
-
25,000
- 10,000
The correct answer is: C
Explanation
The net working capital formula is calculated by subtracting the current liabilities from the current assets.
working capital = current assets - current liabilities
35,000 - 10,000 = 25,000