WAEC Accounting 2013 Objective — Question 11
Question 11 of 50 from the West African Examinations Council (WAEC) Accounting 2013 Objective paper, with the correct answer and a full explanation.
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(Using the same information as Q10) The capital employed is
- A. ₦740,000
- B. ₦580,000
- C. ₦370,000Correct
- D. ₦280,000
Explanation
Capital employed = total assets − current liabilities; 520,000 − 150,000 = 370,000.
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