Use the information below to answer question .
Capital…………………N?
Profit and loss………….N3500
Current assets…………..N?
Current liabilities………N2000
fixed assets…………….N11000
The company maintains a current ratio of 3:1.
The capital balance is?
Capital…………………N?
Profit and loss………….N3500
Current assets…………..N?
Current liabilities………N2000
fixed assets…………….N11000
The company maintains a current ratio of 3:1.
The capital balance is?
-
A.
N95 00 -
B.
N12 500 -
C.
11 500 -
D.
10 00