Question: The following items were extracted from the pro forma statement of financial position of Sumba Stores as of 31 December 2022. Non Current Assets R360
The following items were extracted from the pro forma statement of financial position of Sumba Stores as of 31 December 2022. Non Current Assets R360 000, Inventories R225 000, Equity R570 000, Accounts recievable R330 000, Cash R45 000 and accounts payable R270 000, How much external funding is required.
A. R120 000
B. R60 000
C. R960 000
D. R840 000
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