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?

Finance Mcqs

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

Submitted By: Ali Uppal

Share this...

Facebook

IF YOU THINK THAT ABOVE POSTED MCQ IS WRONG.

PLEASE COMMENT BELOW WITH CORRECT ANSWER AND ITS DETAIL EXPLANATION.

Your email address will not be published. Required fields are marked *

Comment *

Name *

Email *