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O-LevelCommerceFinance7100/12 · May/June 2019 · Q371 Mark

The following information relates to a sole trader. $ current liabilities 20000 stock 10000 debtors 15000 cash in hand 10000 What is the sole trader's working capital?

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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, May/June 2019 Paper 1 Variant 2, question 37.

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