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A Firm Has £300 in Inventory,£600 in Non-Current Assets,£200 in Accounts

Question 53

Multiple Choice

A firm has £300 in inventory,£600 in non-current assets,£200 in accounts receivables,£100 in trade payables,and £50 in cash.What is the amount of the current assets?


A) £500
B) £550
C) £600
D) £1,150
E) £1,200

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