Use the following information to answer the question below

Opening capital ---10,800

Drawings----------- 2,500

Trade creditors ----2,560

Trade debtors ------2,880

Cash in hand -------1,000

Net profit------------- 6,000

The working capital is

  • A 6,440
  • B 3,880
  • C 3,500
  • D 1,320

The correct answer is D. 1,320

No explanation given
Previous question Next question