A-LevelAccountingAnalysis and communication of accounting information9706/12 · Feb/Mar 2016 · Q81 Mark

The statement of the financial position of a company shows the following: $ tangible non-current assets 20 600 intangible non-current assets 5700 trade receivables 8600 trade payables 3200 loan repayable in three years 4000 bank balance 5200 credit inventory 6900 What is total working capital?

A$3100

B$7100

C$17500

D$29400

✓ Correct answer

B: $7100

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Topic: Analysis and communication of accounting information, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Feb/Mar 2016 Paper 1 Variant 2, question 8.

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