Question: FAST answer please just need option Abdullah wants to prepare his own balance sheet as of December 31, 2020. So far he has made the

FAST answer please

just need option

Abdullah wants to prepare his own balance sheet as of December 31, 2020. So far he has made the following list of his assets and liabilities. You are required to help him by calculating his total NET WORTH if total liquid assets are OMR 1495.7, total Investment is OMR 5171, total real property OMR 1567, total personal property OMR 2295, total current liability OMR 6713 and total long term liability OMR 14687. Select one: O a. 31928.70 O b. 10528.70 O c.-14005.30 O d.-10871.30 Yasir is looking to get a loan and is trying to figure out his Debt-to-Income ratio. Yasir's monthly bills and income are mortgage- OMR 151.7, car loan-OMR 1000, credit card payments - OMR 702.8, The Net Salary is OMR- 4653.7, Tax paid- OMR 731.1. Yasir's Debt to Income ratio is: Select one: O a. 34.44 O b. 47.28 O c. 55.56 O d. 39.85

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

A fellow employee, Phil, has not been contributing equally to complete the normal weekly work at hand. Phil claims he is contributing, but that he is swamped with other work and the emotional...

FAST answer please just need option Ali wants to prepare his own balance sheet as of December 31, 2020. So far he has made the following list of his assets and liabilities. You are required to help...

kindly answer question 6,7 and 8 from the attachment. please provide the workings. Chapter 16 - Partnerships: Liquidation Chapter 16 Partnerships: Liquidation Multiple Choice Questions 1. The CRT...

q1 q2 q3 q4 q5 q6 q7 q8 Please Help me to solve these problems. Logic Co. recently negotiated a lump sum purchase of several assets from a company that was going out of business. The purchase was...

O On December 31, 2020, Ana Mabuse combine to the December own Click on the icon to view the balance sheet) Required 1 Pertherance sheet December 31, 2000, 2 Assume John Aboud was on the pership by...

This is the third time i'm posting the SAME question, please make sure you answer all the questions that I haven't solved clearley!!! CALCULATOR Accounting Cycle Review 6 af On December 1, 2020,...

Please answer #1 only Prepare a quarterly master budget for Happy Place for the year ended December 31, 2020, including the following schedules: Sales Budget & Schedule of Cash Collections (Receipts)...

As part of the continued advancement of technology, a drone camera market has emerged in recent years. The drone camera market has been growing as more photography enthusiasts have begun adopted this...

please right answer Problem 9-14A Depreciation and impairment losses LO1, 2, 3, 5 Safety-First Company completed all of its October 31, 2020, adjustments in preparation for preparing its financial...

Need help with e and f Both are ending inventory and COGS Cash Accounts Receivable Inventory Equipment Debit $4,500 4,800 2,400* 24,000 $35,700 Accumulated Depreciation-Equipment Accounts Payable...

Problem 14-01A a-c (Video) On January 1, 2020, Cullumber Corporation had the following stockholders' equity accounts. Common Stock ($24 par value, 59,000 shares issued and outstanding) Paid-in...

In 2020 Sky purchased an automobile that had a fair market value of $92,000. She uses the car 90% for business. Her son, Ben, borrows the car without his mother's permission and totals it in October,...

The Harvard School of Public Health, in its College Alcohol Study Survey, surveyed college students in about 200 colleges in 1993, 1997, 1999, and 2001. The survey asked students questions about...

amantha is a full - time author and recently published her eighth romance novel. She should report the royalty income she receives from the publisher this year on what Schedule / Form ? Schedule C...

Due to erratic sales of its sole product-a high-capacity battery for laptop computers-PEM, Inc., has been experiencing financial difficulty for some time. The company's contribution format income...