Use the following information to answer the given question \(\begin{array}{c|c} & DR & CR \\ & N & N \\ \hline \text{Goodwill} & 10,000 & \\ \text{Plant and...

To calculate the value of current assets, we need to identify which items in the given information are current assets. Current assets are assets that are expected to be converted into cash within one year or the normal operating cycle of the business, whichever is longer. In this case, the normal operating cycle is not given, so we assume it to be one year. From the given information, the following items are current assets: - Stock - Debtors - Cash in bank - Cash in hand To find the value of current assets, we simply add up the values of these items: Value of current assets = stock + debtors + cash in bank + cash in hand Value of current assets = 15,000 + 12,500 + 7,500 + 2,000 Value of current assets = 37,000 Therefore, the value of current assets is N37,000. Option (A) is the correct answer.