Section B

If a company has current assets of $$500,000$ and current liabilities of $$300,000,$

what is its working capital?

$(10$ MARKS$)$

If a company's current assets increase by $$50,000$ and its current liabilities

increase by $$30,000,$ what is the change in its working capital?

$(10$ MARKS$)$

If a company has current assets of $$400,000$ and current liabilities of $$350,000,$

what is the company's working capital ratio?

$(10$ MARKS$)$

If a company's current assets decrease by $10\%$ and its current liabilities

decrease by $5\%,$ what is the percentage change in its working capital?

$(10$ MARKS$)$

If a company has current assets of $$600,000$ and current liabilities of $$400,000,$

what is its quick ratio?

$(10$ MARKS$)$

What is the difference between an ordinary annuity and an annuity due?

$(10$ MARKS$)$