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Rashid Cafe has current assets of OMR 20,800, property and plant of OMR 41,300, and other assets totaling OMR 12,700. Non current liabilities are OMR

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Rashid Cafe has current assets of OMR 20,800, property and plant of OMR 41,300, and other assets totaling OMR 12,700. Non current liabilities are OMR 1,700 and account payable are OMR 3,400 a Requirements: Use the above information to write Rashid Cafe' accounting equation. (Rubrics: 0.5 mark for the correct answer, 0.5 mark for the workings and calculations - Total 1 mark) b How much in economic resources does Rashid Cafe owns and controls ? (Rubrics: 0.5 mark for the correct answer. Total 0.5 mark) How much does Rashid Cafe owe creditors? (Rubrics: 0.5 mark for the correct answer. Total 0.5 mark) d How much of the business's assets do the Rashid Cafe' shareholders own? (Rubrics: 0.5 mark for the correct answer. Total 0.5 mark)

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