Calculate COGS from the following? Opening stock - OMR 12,000 Closing stock - OMR 8,000 Purchases - OMR 20,000 Sales - OMR 45,000 Salaries and Wages - 3000 a. OMR 21,000 b. OMR 27,000 c. OMR 25,000 d. OMR 24000 Given the following data; TOTAL PURCHASES- OMR 150000 CASH PURCHASES - OMR 45000 PURCHASE RETURN - OMR 5000 OPENING CREDITORS- OMR 30000 CLOSING CREDITORS - OMR 20000 What will be the amount of Average creditors? a. OMR 50000 O b. OMR 35000 O c. OMR 30000 O d. OMR 25000 Given the following data; TOTAL SALES OMR 250000 CASH SALES OMR 125000 SALES RETURN OMR 5000 OPENING SUNDRY DEBTORS OMR 20000 CLOSING SUNDRY DEBTORS OMR 10000 What will be the average debtors? a. OMR 30000 b. OMR 7500 c. OMR 15000 O d. OMR 10000 Ameen trading company is a popular distributor in the Nizwa region having years of experience in the field of logistics and marketing. Over these years, the company has gained a very good public opinion and quiet a big number of loyal customers. During the last year, the company has faced some financial struggles due to the pandemic - crisis. The company has decided to plan well for the current year based on the past performance so that the company will be able to regain its status. The management of the company has given with you the Income statement for the last year and asked you to calculate the gross profit and net profit margin. Particular OMR Particular OMR Opening Stock 76,250 By Sales 5,00,000 Purchases 3,15,250 "Closing stock 98,500 Carriage and Freight 2,000 Wages 5,000 Gross Profit b/d 2,00,000 5,98,500 5,98,500 Administration expenses 1,01,000 By Gross Profit b/d 2,00,000 Selling and Dist, expenses 12,000 "Non-operating incomes: "Non-operating expenses 2,000 Interest on Securities 1,500 Financial Expenses 7,000 "Dividend on shares 3,750 Net Profit c/d 84,000 "Profit on sale of shares 2,06,000 2,06,000 Choose the Gross profit margin and net profit margin of the business from the following options? To 750 O a. Gross profit margin is 16.8% and Net profit margin is 20% O b. Gross profit margin is 40% and Net profit margin is 16.8% O c. Gross profit margin is 16.8% and Net profit margin is 40% O d. Gross profit margin is 20% and Net profit margin is 16.8% Shifa trading co. reported the following figures in their books of accounts. Sales of OMR 20000, Carriage inwards of OMR 1500, Sales Discount of OMR 2500 and sales return of OMR 2000. Calculate net sales? O a. OMR 15,500 O b. OMR 18000 O c. OMR 14000 O d. OMR 17500