IF LIABILITIES AMOUNTED TO N12,045, OTHER ASSETS N36,800 AND EQUITY N26,896, THE CASH AT HAND WOULD BE
A. N2,241 B. N2,214 C. N2,141 ✓ D. N2,114 The answer to the question is: C. N2,141 To calculate the cash at hand, we can use the accounting equation: Assets = Liabilities + Equity Given: Liabilities = N12,045 Other assets = N36,800…
GROSS NATIONAL PRODUCT (GNP) LESS THE PROVISION FOR THE WEAR AND TEAR OF ASSETS IS THE
A. net factor income B. net indirect taxes C. net national product ✓ D. net present value The answer to the question is: C. net national product Net national product (NNP) is a macroeconomic measure of the market value of all goods and services…
Study Guide
