What is the capital employed?
...
What is the capital employed?
N 200 000
N 340 000
N 170 000
N 300 000
Correct answer is B
Capital employed = total assets - current liabilities
Total assets = fixed assets + investments + current assets + fictitious assets = 370,000
Current liabilities = 30,000
Capital employed = 370,000 - 30,000 = 340,000
Similar Questions
Which of the following is NOT an aim of advertising? ...
Manufacturers may sell goods directly to consumers where goods are i. made to customer's specifi...
The Stock Exchange is a market where? ...
A pro forma invoice is sent to inform a buyer about the? ...
The reward received by a party in a contract agreement is known as ...
A core investor in the current phase of privatization in Nigeria is one who? ...
A 'duty bill' is used to indicate whether the goods arriving a port are........ ...
Abubakar wants to sell his shares on the Kano Stock Exchange. Which service would he employ? ...
From which of the following sources can partnerships increase their capital? ...