Solved

A fiRm Has £300 in Inventory, £600 in Non-Current Assets

Question 47

Multiple Choice

A firm has £300 in inventory, £600 in non-current assets, £200 in accounts receivables, £100 in trade payables, and £50 in cash.What is the amount of the current assets?


A) £500
B) £550
C) £600
D) £1,150
E) £1,200

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents