| N | |
| premises | 32,000 |
| motor vehicle | 15,000 |
| debtors | 15,000 |
| stock | 20,000 |
| creditors | 10,000 |
what is the value of working capital
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Correct Answer: Option C
Explanation:
The net working capital formula is calculated by subtracting the current liabilities from the current assets.
working capital = current assets - current liabilities
35,000 - 10,000 = 25,000
The net working capital formula is calculated by subtracting the current liabilities from the current assets.
working capital = current assets - current liabilities
35,000 - 10,000 = 25,000