Calculate gross profit from the following? Sales OMR 50000, Cost of goods sold OMR 30000 and Return inwards OMR 10000.

a.

OMR 20000

b.

OMR 10000

c.

OMR 30000

d.

OMR 90000

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Compute total income from the following? Gross Profit OMR 10000, Rent Paid OMR 1000, Commission received OMR 3000 and Dividend received OMR 2000.

a.

OMR 15000

b.

OMR 14000

c.

OMR 16000

d.

OMR 13000

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Calculate the profitability of the following proposal using Average rate of return (ARR) method

Proposal I Automatic machine Cost OMR 320000

Estimated life 6.5 years Estimated sales P.A160000

Cost : Material OMR 60000 Labour OMR 22000 Variable overheads OMR 14000

a.

16.53%

b.

All the options are wrong

c.

3.42%

d.

4.62%

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Alaliya trading Company announces annual Sales of OMR 30000, Carriage inwards of OMR 2000, Sales Discount of OMR 2000 and sales return of OMR 3000. Calculate net sales?

a.

OMR 21000

b.

OMR 25000

c.

OMR 30000

d.

OMR 23000

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Calculate net profit from the following? Net sales OMR 50000, Cost of goods sold OMR 20000, Rent received OMR 10000, Salaries OMR 5000, Insurance OMR 3000 and Depreciation OMR 4000.

a.

OMR 28000

b.

OMR 30000

c.

OMR 32000

d.

OMR 35000

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What is the PV of a RO 800, 6-year loan with 2% monthly compound interest?

a.

All options are wrong

b.

192.25

c.

5354.34

d.

3328.91

e.

119.52