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Selected financial statement Data for Ibra Co. are presented below Items December 31, 2019 December 31, 2018 of 85,000 65,000 tion Inventory Account payable Equipment

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Selected financial statement Data for Ibra Co. are presented below Items December 31, 2019 December 31, 2018 of 85,000 65,000 tion Inventory Account payable Equipment Net Income 68,000 77,000 500,000 625,000 515,000 450,000 Accounts Receivable 100,000 80,000 Land 200,000 Short-term Investments 25,000 Cash 400,000 18,000 30,000 22,000 Notes Payable (Short-Term) 20,000 23,000 During 2019, Net Sales were OMR 810,000, and Cost of Goods Sold was OMR 615,000 The Current Ratio for December 31, 2019, is: Soleca HR E 0

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