Multiple Choice
Barbara buys a fixed asset for £7000 for use in her business. She pays for it out of the business bank account. Which one of the following statements is correct?
A) Net current assets decreases by £7000
B) The business's capital employed increases by £7000
C) Working Capital increases by £7000
D) The business's capital employed decreases by £6850
Correct Answer:
Verified
Correct Answer:
Verified
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