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The balance sheet of Daoud Company as of December 31/12/2019 Assets Liabilities and Equity Current Assets 40,000 Current Liabilities 20,000 Fixed Assets 60,000 Long-Term Liabilities

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The balance sheet of Daoud Company as of December 31/12/2019 Assets Liabilities and Equity Current Assets 40,000 Current Liabilities 20,000 Fixed Assets 60,000 Long-Term Liabilities 30,000 100,000 Total Assets Equity 50,000 100.000 Total Liabilities and Equity The company earns 5 percent on current assets and 10 percent on fixed assets The company reduced its current assets by 30,000 JOD, resulting in an increase in fixed assets by the same amount Calculate net working capital before and after the change in the level of assets Select one O a. 20,000 JOD, 50,000 JOD b. 20.000 JOD, 10,000 JOD OC. -10,000 JOD. 20,000 JOD d. 20,000 JOD. -10,000 JOD

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