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Bank Muscat purchased 40% of the outstanding voting shares of Bank Nizwa for OMR 50,000 cash. This investment gives Bank Muscat significant influence over the

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Bank Muscat purchased 40% of the outstanding voting shares of Bank Nizwa for OMR 50,000 cash. This investment gives Bank Muscat significant influence over the operations of Bank Nizwa. On 31 December 2019 Bank Nizwa paid dividends of OMR 5,000. How much will be the share of Bank Muscat from Bank Nizwa's dividends? O a. OMR 50,000 O b. OMR 5,000 O c. OMR 2,000 O d. OMR 20,000

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