Given: Lankoh Company Ltd ₦ Stock 3,600,000 Cash at hand 800,000 Cash in bank 2,400,000 Debtors 580,000 Trade creditors 920,000 Bank overdraft 200,000 Tax l...

Question 1 Report

Given:
                        Lankoh Company Ltd
                                                      ₦
Stock                                        3,600,000
Cash at hand                               800,000
Cash in bank                            2,400,000
Debtors                                       580,000
Trade creditors                           920,000
Bank overdraft                            200,000
Tax liabilities                               600,000
Salary owed to staff                    180,000

What is the working capital?

View Answer

Download The App On Google Playstore

Everything you need to excel in JAMB, WAEC & NECO

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
Thousands of JAMB, WAEC & NECO Past Questions
Over 1200 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning