6-Statement of financial position can be prepared in vertical, net asset and horizontal format. What is the difference between these formats? Which format has been adopted by National Bank of Oman and what is the underlying assumption? Provide evidence from annual report. [Marks (Words): 10(200)] 7. What is meant by financial ratios? Explain the objectives of these ratios and what it portrays about the business. [Marks (Words): 10(200)] 8. Calculate the liquidity ratio and profitability ratio of National Bank of Oman for 2018 and 2019 and comment on its result. [Marks (Words): 10(100)] 9. Who is the external auditor of National Bank of Oman? Write the summary on the components of external auditor's report and provide evidence from annual report of National Bank of Oman 2019. [Marks (Words) 10(200)] 10- Write a summary about the financial position of National Bank of Oman. Your summary should include the main financial data of the company 2018 and 2019. [Marks (Words): 10(200)] In your answer, you should explain each point or inquire separately. Use the following headings (below) to make up the different sections of your work: Cover The PT3 form (available on LMS) Contents Title and contents page nees Recorded according to the Harvard style - Available on LMS 6-Statement of financial position can be prepared in vertical, net asset and horizontal format. What is the difference between these formats? Which format has been adopted by National Bank of Oman and what is the underlying assumption? Provide evidence from annual report. [Marks (Words): 10(200)] 7. What is meant by financial ratios? Explain the objectives of these ratios and what it portrays about the business. [Marks (Words): 10(200)] 8. Calculate the liquidity ratio and profitability ratio of National Bank of Oman for 2018 and 2019 and comment on its result. [Marks (Words): 10(100)] 9. Who is the external auditor of National Bank of Oman? Write the summary on the components of external auditor's report and provide evidence from annual report of National Bank of Oman 2019. [Marks (Words) 10(200)] 10- Write a summary about the financial position of National Bank of Oman. Your summary should include the main financial data of the company 2018 and 2019. [Marks (Words): 10(200)] In your answer, you should explain each point or inquire separately. Use the following headings (below) to make up the different sections of your work: Cover The PT3 form (available on LMS) Contents Title and contents page nees Recorded according to the Harvard style - Available on LMS