Pls ans 1st question
Dear Student
Question 1- Option (c) is the correct answer
CALCULATION OF A's EFFECTIVE CAPITAL
Regards
Question 1- Option (c) is the correct answer
CALCULATION OF A's EFFECTIVE CAPITAL
Date | Amount (a) | NO. OF MONTHS (b) | Product (a xb) |
1st jan - 30th April | 15000 | 4 | 60000 |
1st May- 30th September | 15000 +10000 = 25000 | 5 | 125000 |
1st October - 31st December | 25000 - 8000 = 17000 | 3 | 51000 |
A's effective capital | 236000 |
Regards