Desola cobola, a business man has the following assets and liabilities as at 01/01/07 Le stock 120,000 fixtures 335,000 Debtors 111,000 Overdraft 27,000 mac...

Question 1 Report

Desola cobola, a business man has the following assets and liabilities as at 01/01/07
  Le
stock 120,000
fixtures 335,000
Debtors 111,000
Overdraft 27,000
machinery 348,000
motor vehicles 232,000
cash  82,000
creditors 101,000

From the above information, calculate the following:
(a) Total fixed assets
(b) Total current assets
(c) Total current liabilities
(d) The working capital
(e) The capital employed