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WAEC Commerce 2017 Objective — Question 20

Question 20 of 50 from the West African Examinations Council (WAEC) Commerce 2017 Objective paper, with the correct answer and a full explanation.

20. The amount of capital used in the day-to-day running of a company is

A. A. working capitalCorrect
B. B. capital employed
C. C. share capital
D. D. fixed capital

Explanation

Working capital is the money used to run day to day activities of the business.

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