A firm reports total liabilities of Rs. 300,000 and owner’s equity of Rs. 500,000. What would be the total worth of the firm’s assets?
(A) Rs. 300,000
(B) Rs. 500,000
(C) Rs. 800,000
(D) Rs. 1100,000
A firm reports total liabilities of Rs. 300,000 and owner’s equity of Rs. 500,000. What would be the total worth of the firm’s assets?
| Share this... |
 Facebook
|
 Twitter
|
 Linkedin
|
 Whatsapp
|
Related Mcqs
- Previous:Which of the following statement is TRUE regarding debt?
- Next:A company having a current ratio of 1 will have ________ net working capital.
Leave a Reply
Your email address will not be published. Required fields are marked *
