A firm reports total liabilities of Rs 300 000 and owners-00238
A firm reports total liabilities of Rs. 300,000 and owners equity of Rs. 500,000.What would be the total worth of the firms assets?
This multiple choice question (MCQ) is related to the book/course vu acc501 Business Finance. It can also be found in vu acc501 Mid Term - Quiz No.1.
A firm reports total liabilities of Rs. 300,000 and owners equity of Rs. 500,000.What would be the total worth of the firms assets?
Rs. 300,000
Rs. 500,000
Rs. 800,000
Rs. 1100,000