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From the following information calculate the loss on holding the monetary assets. Jan 2020 Dec. 2020 Current Assets OMR 25,000 OMR 37,000 Current liabilities OMR

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From the following information calculate the loss on holding the monetary assets. Jan 2020 Dec. 2020 Current Assets OMR 25,000 OMR 37,000 Current liabilities OMR 30,000 OMR 40,000 Retail price index No. 200 300 Average for the year 240 a. OMR 15,500 b. Insufficient data C. OMR 15,600 OMR 25,000

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