What is Ojo's working capital?
A.
N 2150
B.
N 1950
C.
N1800
D.
N 1150
Correct answer is D
The working capital is gotten by subtracting the current liabilities from the current assets. Hence we have;
Current assets = cash, prepayments, and debtors
Current liabilities = creditors
2150 + 700 + 100 = 2950
2950 - 1800 = 1150