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Use the information to answer questions below

 

Years Current Assets Liabilities Fixed Assets Capital
  # # # #
2018 52550 78600 127450 X
2017 41650 53220 Y 116780

The letter X represents

A.

#78,600

B.

#180,000

C.

#101,400

D.

#258,600

View answer & explanation

Correct answer is C


X (Capital) = Total Assets - Total Liabilities

= (52,550 + 127,450) - 78,600

= 180,000 - 78,600

= 101,400

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