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QUESTION 1 At their year-end Hoochie Ltd reported the following balances in their statement of financial position: Non-current assets: 2,376,000 Current liabilities: 531,000 Non-current liabilities:

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QUESTION 1 At their year-end Hoochie Ltd reported the following balances in their statement of financial position: Non-current assets: 2,376,000 Current liabilities: 531,000 Non-current liabilities: 950,000 Ordinary share capital: 475,000 Retained earnings: 1,062,000 What was the value of current assets at the year-end? O A. 895,000 O B.642,000 O C. 1,845,000 O D. 839,000

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