O-LevelCommerceFinanceMay/June 2010Paper 1 Q381 Mark
The balance sheet of a retailer shows the following. [Figure 38.1] assets $ liabilities $ premises 200 000 capital 310 000 fixtures/fittings 50 000 bank overdraft 50 000 vehicles 40 000 creditors 40 000 stock 20 000 debtors 10 000 cash 80 000 400 000 400 000 What is the working capital of the retailer?
Anil
B$20 000
C$50 000
D$60 000
✓ Correct Answer
The correct answer is B. This question tests the candidate's understanding of finance within the Commercesyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
🔒
Unlock the Examiner's Answer
Sign up for free to reveal the correct answer, the official mark scheme breakdown, and the examiner trap analysis for this question.
Sign Up Free to Unlock →Join thousands of Cambridge students already using Oracle Prep