Assume that total current assets, fixed assets, current liabilities and equity of the company are OMR OMR 9000, OMR 11000, OMR 5000, OMR 12000 respectively. From the following given options, select the long-term liabilities of the company. a. OMR 17000 b. OMR 20000 c. OMR 3000 d. OMR 5000
Assume that total current assets, fixed assets, current liabilities and equity of the company are OMR OMR 9000, OMR 11000, OMR 5000, OMR 12000 respectively. From the following given options, select the long-term liabilities of the company. a. OMR 17000 b. OMR 20000 c. OMR 3000 d. OMR 5000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Assume that total current assets, fixed assets, current liabilities and equity of the company are OMR OMR 9000, OMR 11000, OMR 5000, OMR 12000 respectively. From the following given options, select the long-term liabilities of the company.
a.
OMR 17000
b.
OMR 20000
c.
OMR 3000
d.
OMR 5000
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