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Monday, 13 April 2026
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Given: Lankoh Company Ltd ₦ Stock ...

Given:
Lankoh Company Ltd

Stock 3,600,000
Cash at hand 800,000
Cash in bank 2,400,000
Debtors 580,000
Trade creditors 920,000
Bank overdraft 200,000
Tax liabilities 600,000
Salary owed to staff 180,000
What is the working capital?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A ₦5,480,000
  • B ₦6,480,000
  • C ₦8,480,000
  • D ₦7,380,000
Correct Answer: Option A
Explanation:

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