Desola cobola, a business man has the follo..

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

Answer

Commerce

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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...