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38 Calculate gross profit from the following? Sales OMR 50000, Cost of goods sold OMR 30000 and Return inwards OMR 10000. d out of O

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38 Calculate gross profit from the following? Sales OMR 50000, Cost of goods sold OMR 30000 and Return inwards OMR 10000. d out of O a OMR 30000 Ob. OMR 10000 OC OMR 20000 O d. OMR 90000 Question 39 Which of the following will be subtracted while calculating ending equity under statement of changes in equity? d out of O a Drawings O b. Reserves and surplus O c. Gross profit O d. Net profit Question 40 Which of the following is a Long Term Source of Finance? d out of O a Equity Shares Ob. Customer Advances O c. Bank Credit Od Trade Credit question 41 Which of the following is a promissory note, a written promise today, issued by a large, creditworthy corporation or a municipality, original maturity of less than one year? d out of O a. Eurodollar CD O b. Treasury Bills but Oc Commercial Papers O d. Certificate of Deposits question lows

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