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Use the information below to answer question St... - JAMB Accounting 2002 Question

Use the information below to answer question . Statement of assets and liabilities as at 31st December, 2001. Shareholders' interest N240 Current liabilities N20 Current assets N110 Fixed assets N140

Determine the value of the trade investment?
A
N8m
B
N10m
C
N15m
D
N20m
correct option: b
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