🧠 Quick Quiz! A business had the following balances at 31 December: Inventory: $18,000 Trade receivables: $12,000 Cash: $5,000 Trade payables: $9,000 What is the business's net current assets (working capital)? A) $17,000 B) $26,000 C) $35,000 D) $44,000 Think it through before scrolling... 👇 . . . . . ✅ Answer: B — $26,000 Current Assets: Inventory = $18,000 Trade receivables = $12,000 Cash = $5,000 Total Current Assets = $35,000 Less Current Liabilities: Trade payables = $9,000 Net Current Assets = $35,000 − $9,000 = $26,000 Working capital measures the short-term financial health of a business. ✈️@acca_with_bekhzod✈️
July 21, 2026 5.1K 11 11
