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7)The image signifies which of the following advantage of partnership business: a. Shared risk b. Decreased capital c. Flexible working and cover for holidays and
7)The image signifies which of the following advantage of partnership business:
a.
Shared risk
b.
Decreased capital
c.
Flexible working and cover for holidays and illness
d.
Increased knowledge and specialist skills
8)How much amount will be paid to A, if his opening capital is OMR 200,000 and his share of realization profit amounts to OMR 10,000 and he has taken over assets valuing OMR 25,000 from the firm?
a.
OMR 165,000
b.
OMR 215,000
c.
OMR 185,000
d.
OMR 235,000
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