JAMB Commerce 2023 Objective — Question 35

Question 35 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2023 Objective paper, with the correct answer and a full explanation.

What is the capital employed? A.

A. 44,400.
B. 7,600.
C. 45,000.
D. 52,000.Correct

Explanation

Capital employed = total assets = Freehold premises + current assets = 30,000+22,000 = 52,000.

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