1)If the total of Current Assets is OMR 200,000, total of Current liabilities is OMR 90,000 and Inventory is OMR 40,000, which of the following is correct about Quick Ratio?

a.

Quick Ratio is 2.672 and it is satisfactory

b.

Quick Ratio is 1.777 and it is satisfactory

c.

Quick Ratio is 0.953 and it is not satisfactory

d.

Quick Ratio is 2.224 and it is satisfactory

2)The initial investment of a project is OMR 30,000. The profit after interest and tax (Cash inflows) for Year 1 is OMR 20,000 and for Year 2 is OMR 26,000. The scrap value is OMR 3,000 and the discount rate is 10%. (The present value of OMR 1 at 10% discount factor for year 1 is 0.909 and Year 2 is 0.826). In this case, the Net present Value (NPV) of the project is:

a.

OMR 9,656

b.

OMR 12,134

c.

OMR 16,000

d.

None of these