O-LevelCommerceFinance7100/12 · May/June 2010 · 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?
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Anil
B$20 000
C$50 000
D$60 000
✓ Correct answer
B: $20 000
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