Question: The following items were extracted from the pro forma statement of financial position of Sumba Stores as at 31 December 2023 : Equity R1 140

The following items were extracted from the pro forma statement of financial position of Sumba Stores as at 31 December 2023 : Equity R1 140 000; Accounts receivable R660 000, non-current assets R720 000; Inventories R450 000; and Accounts payable R540 000 . The amount of external funding that is required is R240 000. How much is the cash balance expected to be? Question 2 Not yet answered Marked out of 1.00 P Flag question A. R90 000 overdraft B. R150 000 overdraft C. R90 000 favourable D. R390 000 overdraft
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