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WAEC - Commerce (2022 - No. 13)

 

Use the information below to answer question 13 and 14

  #
Sales 50,000.00
Debtors 10,000.00
Cash-in-hand 5,000.00
Opening stock 30,000.00
Creditors 8,000.00
Purchases 16,000.00
Overdraft 12,000.00
Closing stock 10,000.00

 

calculate the working capital.

#35,000.00
#20,000.00
#15,000.00
#14,000.00

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