Question: The following items were extracted from the pro forma statement of financlal position oi Sumba Stores as at 31 December 2022: Non-current assets R360 000;

The following items were extracted from the pro forma statement of financlal position oi Sumba Stores as at 31 December 2022: Non-current assets R360 000; Inventories R225 000; Equity R570 000; Accounts receivable R330 000; Cash R45 000 and Accounts payable R270 000. How much external funding is required? A. R120000 B. R840000 C. 2960000 D. R60000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
