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
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