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 Right Answer: Rs. 800,000 Share : January 17, 2018 Asghar Khan Finance Total 0 Votes: 0 0 Tell us how can we improve this Mcqs? Captcha: + = Verify Human or Spambot ? Related Mcqs Check Below -Which of the following item provides the important function of shielding part of income from taxes?Which of the following refers to the cash flows that result from the firm‟s day-to-day activities of producing and selling?A standardized financial statement presenting all items of the statement as a percentage of total is?