Question: The balance sheet of Daoud Company as of December 31/12/2020: Assets Liabilities and Equity Current Assets Current Liabilities Fixed Assets Total Assets 30,000 50,000

The balance sheet of Daoud Company as of December 31/12/2020: Assets Liabilities and Equity Current Assets 30,000 Current Lia

The balance sheet of Daoud Company as of December 31/12/2020: Assets Liabilities and Equity Current Assets Current Liabilities Fixed Assets Total Assets 30,000 50,000 Long-Term Liabilities 80,000 Equity 20,000 10,000 50,000 Total Liabilities and Equity 80,000 The company earns 5 percent on current assets and 10 percent on fixed assets The company reduced its current assets by 20,000 JOD, resulting in an increase in fixed assets by the same amount. Calculate the total profits of the company's assets before and after the change in the level of assets:

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