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Use the following information to answer the given question \(\begin{array}{c|c} N \\ ...

Use the following information to answer the given question
\(\begin{array}{c|c} & N \\ \hline \text{Fixed assets} & 12,000 \\ \text{Current assets} & 5,000 \\ \text{Current liabilities} & 2,300 \\ Capital & 10,000 \\ \text{Long term liabilities} & 4,700\end{array}\)
Total liabilities amount to
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  • A N17,000
  • B N14,700
  • C N12,300
  • D N7,000
  • E N4,700
Correct Answer: Option D
Explanation:

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