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Nishi Limited Has Non-Current Assets of £622,481, Non-Current Liabilities of £235,148

Question 3

Multiple Choice

Nishi Limited has non-current assets of £622,481, non-current liabilities of £235,148, current assets of £359,727 and equity of £327,138. Using the accounting equation, calculate the figure for current liabilities.


A) £170,764
B) £419,922
C) £890,218
D) £1,074,198

Correct Answer:

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