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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 Y represents

A.

#170,000

B.

#128,350

C.

#94,870

D.

#211,650

View answer & explanation

Correct answer is B

Y (Fixed Assets) = Capital + Liabilities - Current Assets

= 116,780 + 53,220 - 41,650

= 170,000 - 41,650

= 128,350


 

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