Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Listed in random order below are the balance sheet figures of Qalam Ltd as at 31 March 2006: Trade receivables 50,000 Trade payables 30,000 Building
Listed in random order below are the balance sheet figures of Qalam Ltd as at 31 March 2006:
Trade receivables 50,000
Trade payables 30,000
Building 90,000
Share capital 100,000
Long term Bank loan 40,000
Inventories 10,000
Cash and cash equivalents 20,000
Reserves 50,000
Intangible assets 30,000
Equipment 40,000
Retained earnings 40,000
Qalam's capital employed is
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started