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JAMB Commerce 2020 Objective — Question 20

Question 20 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2020 Objective paper, with the correct answer and a full explanation.

20. Capital employed is a

A. A. Assets less liabilityCorrect
B. B. Assets
C. C. Liabilities
D. D. Fixed asset

Explanation

In commerce, capital employed is total assets less total liabilities.

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