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Hello brother, please help me .answer all questions.I will not forget your favour .please write the question number and answer code. Corporate accounting 1 Question

Hello brother, please help me .answer all questions.I will not forget your favour .please write the question number and answer code.

Corporate accounting 1

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Question 17 Not yet answered Marked out of 1 P Flag question The average capital employed in a business is OMR 500,000 and average net profit OMR 65,000. Fair remuneration to the partners is 1,000 P.a. Normal rate of return is 10%, its super profit will be: a. OMR 6,500 b. OMR 20,000 c. OMR 15,000 O d. OMR 14,000 Question 18 Question 18 Not yet answered Marked out of 1 P Flag question If Goodwill is OMR 120,000, Average profit is OMR 60,000, Normal. Rate of return is 10% on capital employed OMR 480,000. Calculate capitalized value of the firm. O A. OMR 700,000 b. OMR 400,000 O c. OMR 500,000 O d. OMR 600,000 Question 19 Not yet answered Marked out of 1 P Flag question Manager is entitled to a commission of 10% of net profits after charging such commission. The firm's net profit during a year is OMR 11,000. The amount of manager's commission will be: a. OMR 11,000 o b. None of these are correct O c. OMR 1,100 O d. OMR 1,000 Question 20 Question 20 Not yet answered Marked out of 1 P Flag question On the death of a partner, the amount due to him will be credited to: a. His executor's account O b. Remaining Partner's capital accounts O c. Government's revenue account O d. All Partner's Capital accounts Drolou naa Moyt na

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