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Calculate zakat base and zakat due

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Reference no: EM132788038

Use the following information for Al-Rahama's corporation 31/ 12/ 2019:

Current Assets S.R 200000, Net fixed assets S.R 120000, Current Liabilities S.R 40000, Long term Liabilities S.R 60000, Owner's Capital S.R 220000, and Net income before Zakat S.R 80000.

Required:

Problem 1: Calculate zakat base and zakat due (Market value of gold S.R 227/gram)? (show your calculation).

Reference no: EM132788038

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