Multiple Choice
Burgess's business has non-current assets of £64 000, current assets of £26 000, current liabilities of £21 000 and long-term liabilities of £5000.Which one of the following statements is correct?
A) The total of capital is the same as non-current assets
B) Total assets is greater than long-term liabilities by £90 000
C) Capital is less than non-current assets
D) The total of non-current plus current assets is £4000 less than capital.
Correct Answer:
Verified
Correct Answer:
Verified
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