3 Suppose current assets, liabilities and equity of the company is OMR 25,000, OMR 35,000 and OMR 45,000 respectively. Find out the fixed assets of the company. a. OMR 80,000 b. OMR 60,000 c. OMR 55,000 d. OMR 70,000

Corporate Financial Accounting
14th Edition
ISBN:9781305653535
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter1: Introduction To Accounting And Business
Section: Chapter Questions
Problem 1.5EX: Accounting equation The total assets and total liabilities (in millions) of Dollar Tree Inc. and...
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Suppose current assets, liabilities and equity of the company is OMR 25,000, OMR 35,000 and OMR 45,000 respectively. Find out the fixed assets of the company.
a.
OMR 80,000
b.
OMR 60,000
c.
OMR 55,000
d.
OMR 70,000
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