Concept:Fixed assets are long-term tangible assets used in business operations, such as premises and motor vehicles.Explanation:From the information given, identify the fixed assets among the items.Premises = N32,000Motor vehicle = N15,000Debtors and stock are current assets, while creditors are a current liability.Therefore, fixed assets = N32,000+N15,000=N47,000Answer:B. N47,000