Question
Listed in random order below are the accounting information of Al Qazim LLC Ltd as of 31 March 2019: Trade receivables OMR 60,000 Trade payables
Listed in random order below are the accounting information of Al Qazim LLC Ltd as of 31 March 2019:
Trade receivables OMR 60,000
Trade payables OMR 40,000
Building OMR 100,000
Equity Share capital (200,000 shares @OMR 1 each) 0MR 200,000
Bank loan OMR 50,000
Inventories 0MR 20,000
Cash and cash equivalents OMR 30,000
Reserves OMR 60,000
Intangible assets OMR 40,000
Share premium 0MR 30,000.
Equipment OMR 40,000
Retained earnings OMR 50,000.
Deferred tax liability OMR 50,000
Non-current portion of term loans OMR 20,000
Calculate the amount of Net assets per share as of 31 March 2019
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