What is the capital employed?
-
A.
N 200 000 -
B.
N 340 000 -
C.
N 170 000 -
D.
N 300 000
Correct Answer: Option B
Explanation
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