What is the net working capital?
A.
N 6 000 000
B.
N 16 000 000
C.
N 11 000 000
D.
N 25 000 000
Correct answer is B
Net working capital is the difference between a company's total current assets and current liabilities. Net Working Capital = Current Assets - Current Liabilities
Current assets = 5,000,000 + 22,000,000 = 27,000,000
Current liabilities = 11,000,000
Net working capital = 27,000,000 - 11,000,000 = 16,000,000