Compute total income from the following? Gross Profit OMR 15000, Rent Paid OMR 3000, Commission received OMR 4000 and Dividend received OMR 2000. OMR 18000 b. OMR 19000 OMR 24000 d. OMR 21000
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- Calculate the net profit from the following? Net sales OMR 100000, Cost of goods sold OMR 30000, Rent received OMR 20000, Salaries OMR 10000, Insurance OMR 6000 and Depreciation OMR 8000.(Photo) What is the cumulative income?Select one:a. OMR 6,100,000b. OMR 6,900,000c. OMR 6,500,000d. None of the other points5. For common-size statement of comprehensive income , _______________ is set 100% a. Net Sales b. Gross Profit c. Net Income d. Total Asset
- what was used to calculate the internallly generated net income to get 15000 and the 40000how does it calculate the 500000 in 20x1 and 400000 in 20x0 in profit attribitable to ordinary sahreholders column?Based on the Adjusted Trial balance provided relating to Alpha Company for the year 2020, Prepare Financial statements ( Income statement, Statement of Changes in Equity, Statement of Financial Position) to answer the questions 1 to 4 Accounts Debit Credit (OMR) (OMR) Cash 120,000 Capital 100,000 Prepaid insurance 5600 Salary expense 1000 Service Revenue 21000 Commission revenue 41000 Machinery 12400 Automobiles 16400 Wages expense 1200 Utilities expense 1500 Miscellaneous expense 500 Rent expense 600 Retained earnings 11200 Advertising expense 4000 Dividend 10000 Note payable 10000 Short term loan 10800 Interest Payable 400 Accounts receivable 21200 Furniture 3000 Long term Loan 3000 197400 197400
- If the difference between current assets and current liabilities is 88.7, bill payable 166.5, creditors 30, prepaid expenses 10, then what is the total current assets? Select one: O a. All the given choices are not correct Ob. 206.50 Oc. 118.70 Od. 285.20 O e. 295.20Given the following data; TOTAL SALES OMR 250000 CASH SALES OMR 125000 SALES RETURN OMR 5000 OPENING SUNDRY DEBTORS OMR 20000 CLOSING SUNDRY DEBTORS OMR 10000 What will be the Debtors Turnover Ratio (DTR)? a.16 b.6 c.5 d.81. prepare an estimated income statement for 20Y7.
- Q. Calculate the current assets and current liabilities from the data given below. Current ratio. 1.8 Quick ratio. 1.2 Inventory turnover ( on c.g.s). 12 Gross profit rate. 25% Credit period. 1month Working capital. 640000What is the amount received by partially secured creditor? A. P40,000B. P60,000C. P70,000D. P65,000Answer the following: 16. Gross Profit ratio17. Operating Ratio18. Rate of return on Assets