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If total assets in $ are 750000 $, Equity 450000 $, the long term liabilities are 250000 $. Current/noncurrent rate method is used. The current rate is 1 OMR= 2.50 $ and the historical rate is 1 OMR= 2.40$. How much the current liability in OMR? Answer:

If total assets in $ are 750000 $, Equity 450000 $, the long term liabilities are 250000 $. Current/noncurrent rate method is used. The current rate is 1 OMR= 2.50 $ and the historical rate is 1 OMR= 2.40$. How much the current liability in OMR? Answer:

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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If total assets in $ are 750000 $, Equity 450000 $, the long term liabilities are 250000 $. Current/noncurrent rate method is used. The current rate is 1 OMR= 2.50 $ and the historical rate is 1 OMR= 2.40$. How much the current liability in OMR? Answer:
Transcribed Image Text:If total assets in $ are 750000 $, Equity 450000 $, the long term liabilities are 250000 $. Current/noncurrent rate method is used. The current rate is 1 OMR= 2.50 $ and the historical rate is 1 OMR= 2.40$. How much the current liability in OMR? Answer:
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