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O-LevelCommerceFinance7100/12 · Oct/Nov 2023 · Q381 Mark

The following information relates to a sole trader. [Figure: A table listing financial information for a sole trader: current liabilities (20000), stock (10000), debtors (15000), cash (10000).] What is the sole trader's working capital?

This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.

A$15000

B$20 000

C$25000

D$35000

✓ Correct answer

A: $15000

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About this question

Topic: Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2023 Paper 1 Variant 2, question 38.

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