Total net assets figure in an operating statement

Hi guys,

Can someone please help I can't seem to figure out how to work out total net assets when it comes to completing an operation statement.
I have attached the practice question so you can see.

Many thanks


  • crispycrispy Trusted Regular SouthamptonPosts: 454Registered

    From your attachment £ 142,350 / 0.12 = £ 1,186,250 Net Assets
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