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Purdy's Business Has Non-Current Assets of £81 000, Current Assets

Question 4

Multiple Choice

Purdy's business has non-current assets of £81 000, current assets of £34 000 and current liabilities of £36 000.There are no long-term liabilities.Which one of the following statements is correct?


A) Total assets are £115 000
B) Capital and liabilities are £117 000
C) Capital is £45 000
D) Total assets are £151 000

Correct Answer:

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