Question 10 of 50 1 Points On the statement of financial position, fixed assets represent ... A. gross fixed assets at cost minus depreciation expense. OB. gross fixed assets at market value minus depreciation expense. O C. gross fixed assets at cost minus accumulated depreciation. OD. gross fixed assets at market value minus accumulated depreciation. Reset Selection Question 11 of 50 1 Points GVM Manufacturers Lid has to raise an additional R1 200 000 in equity. The firm should ideally finance itself by means of . A. R500 000 in cash, R100 000 in accounts receivable and R600 000 of inventory. B. R1 100 000 in debentures, 20 000 ordinary shares at a par value of 100 cents each and R80 000 in retained earnings. C. 600 000 ordinary shares at a par value of 200 cents each.