Given:
Shaku Company Ltd.
Stock..........................N3,600,000
Cash at hand...................N800,000
Cash at bank...................N2,400,000
Debtors........................N580,000
Trade creditors................N920,000
Bank overdraft.................N200,000
Tax liabilities................N600,000
Salary owed to staff...........N180,000
Determine the working capital?
N7,380,000
N8,480,000
N5,480,000
N6,480,000
Correct answer is C
No explanation has been provided for this answer.