Marilag Beauty Shop has total assets of P250, 000, liabilities of P20, 000, capital of P130, 000, revenues of P150, 000 and expenses of P30, 000.Marilag, Drawing isSelect one:a.P120,000b.P50,000c.P20,000d.P10,000

Marilag Beauty Shop has total assets of P250, 000, liabilities of P20, 000, capital of P130, 000, revenues of P150, 000 and expenses of P30, 000.If the non-current assets is three times the current assets, the current assets isSelect one:a.P187, 500b.P57,500c.Answer not givend.P62, 500

At the end of 2016, the total assets of XYZ Store amounted to P650, 000, 40% of which is current. Total liabilities are P120, 000. During the year, the company registered total revenue of P850, 000, cost of goods sold is 40% and selling and general expenses are 20%.Non -current assets of XYZ amounted toSelect one:a.P530,000b.P260,000c.P650,000d.P390,000

A company has the following assets:Buildings and Equipment, less accumulated depreciation of P2,000,000           9,600,000Copyrights              960,000Patents           4,000,000Timberlands, less accumulated depletion of P2,800,000           4,800,000The total amount reported under Property, Plant, and Equipment would be.

At the end of the month, Maria Clara Parlor's total Liabilities and Owner's Equity is P 250,000. One fifth of which is the liability. The parlor's total assets isSelect one:a.P 250, 000b.Answer not givenc.P 200, 000d.P 50, 000

The accountant for PurpleShops has compiled the following information about the business and its accounts: Cash$2,000 Inventory$20,000Revenues10,000 Expenses6,000Accounts   Payable6,000 Equipment15,000Wages Payable4,000 Notes payable24,000      What are the total assets of this business?Question 7Select one:a.15,000b.47,000c.37,000d.41,000