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O-LevelCommerceFinance7100/12 · Oct/Nov 2022 · Q361 Mark

How is capital calculated?

Acurrent assets minus current liabilities
Bnon-current assets minus current assets
Ctotal assets minus total liabilities
Dtrade receivables minus trade payables

✓ Correct answer

C: total assets minus total liabilities

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About this question

Topic
Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2022 Paper 1 Variant 2, question 36.

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