Statement of assets and liabilities as at 31st December, 2001.

Shareholders' interest N240 
Current liabilities N20 
Current assets N110
Fixed assets N140

What is the networking capital?

Similar Questions

Use the following information to answer the given question \(\begin{array}{c|c} & D\\ \hlin...

Gavon. Ltd. failed to record N2,000 wages. The error committed is that of ...

Which of the following is not a debit entry on a sales ledger control account? ...

Turnover.........................N120,000 Net profit before tax.........N40,000 Net profit b/f.......

A partner who contributes capital but does not participate in the day-to-day running of the business...

Which of the following formulae is used to calculate stock turnover rate?   ...

The entries for credit sales at branch where the head office keeps all records are: Debit ...

Ngozi and Musa with a capital of #30,000 each decide to admit Mary into the partnership business wit...

Taurus Ltd was incorporated with the legal right to issue five million ordinary shares. The company ...

Which of the following attracts a fixed rate of dividend? ...