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The balance sheet of Daoud Company as of December 31/12/ 2019: Assets Liabilities and Equity Current Current Assets Liabilities 40.000 20,000 Long-Term Liabilities 30, Fixed

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The balance sheet of Daoud Company as of December 31/12/ 2019: Assets Liabilities and Equity Current Current Assets Liabilities 40.000 20,000 Long-Term Liabilities 30, Fixed Assets 60.000 Equity 50,000 Total Assets Total Liabilities and Equity 100,00 100.000 The company earns 5 percent on current assets and 10 percent on fixed assets The balance sheet of Daoud Company as of December 31/12/ 2019: Assets Liabilities and Equity Current Current Assets Liabilities 40.000 20,000 Long-Term Liabilities 30, Fixed Assets 60.000 Equity 50,000 Total Assets Total Liabilities and Equity 100,00 100.000 The company earns 5 percent on current assets and 10 percent on fixed assets

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