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ABC Co. had the following activities in 2020: Issue of common stock OMR 55000 Increase in receivables OMR 19000 Decrease in Land OMR 38000 Decrease
ABC Co. had the following activities in 2020: Issue of common stock OMR 55000 Increase in receivables OMR 19000 Decrease in Land OMR 38000 Decrease in inventory OMR 20000 Sale of Building OMR 14000 Payment of Bank loan OMR 23000 Purchase of equipment OMR 18000 Purchase of available-for-sale securities OMR 30000 Sale of Machinery 10000 What is the cash flows from Investing activities? Select one: O a. OMR 16000 O b. OMR 14000 c. None of the options O d. OMR 10000 OMR The following sales and purchases are expected over the Five-month period from November 2019 to March 2020 Purchases Sales Nov-2019 OMR 18000 OMR 30000 Dec-2019 OMR 20000 OMR 28000 Jan-2020 OMR 22000 OMR 32000 Feb-2020 OMR 16000 OMR 26000 Mar-2020 OMR 24000 OMR 30000 Additional Information: 1. Wages are paid each month of OMR 6000, which are paid in month that they are incurred 2. Sales are all on credit and we allow 1- month credit period 3. 40% of the Purchases are on credit and supplier allows 1-month credit period - and 60% are for immediate settlement 4. On 1 March 2020, new machine is purchased for OMR 5000, paid the cash immediately. 5. The balance at the bank as at 31st December 2019 was OMR 1000 What will be the Closing balance of cash on March, 2020? Question 17 Not yet answered Marked out of 2.00 Flag question The following table shows some selected financial information of Dhofar Company. Cash 10000 Marketable securities 5000 Account Receivables 12000 Inventory 8000 Rent expense 4000 Machinery 30000 Notes Payables 8000 Short term Loan 12000 Long term Loan 15000 According to the given information, which of the following shows the Quick Ratio (QR) correctly? Select one: O a. 1 O b. 1.5 c. 1.35 d. 1.75 The following table shows some selected financial information of ABC Company. Sales 54000 Net Profit 12000 Sales Returns 4000 Cash 4200 Receivables 5000 Purchases 15000 Purchase Returns 2500 Sales Discounts 2000 Capital 35000 Current Liabilities 13000 According to the given information, which of the following shows the Net Profit Margin correctly? Select one: a. 0.15 b. 0.25 c. 0.1 d. 0.5 ABC Company has the following records for the period ended 31 December 2020. Raw Material purchased OMR 120000 Purchase returns of raw materials OMR 5000 Factory maintenance OMR 3500 Salary of office staff OMR 20400 Power and heat- factory OMR 8000 OMR 2000 Insurance expense factory Depreciation-factory building and equipment OMR 5500 Purchase Expenses on raw material OMR 3000 Insurance expense- Office OMR 8000 Inventories, 1 January 2020: Raw Materials 6000 Direct labor 65000 Direct Expenses OMR OMR 5000 Inventories, 31 December 2020: Raw Material OMR 8000 What is the Production Cost (Cost of OMR
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