II 1) Select any one of companies being operated in Sultanate of Oman. Write a note in your own words i. Introduction of the company ii. mission and vision of the company iii. From the latest financial statement of the company calculate Earnings per share, Dividend cover ratio and Price earning ratio of the company. iv. Evaluate the performance of the company based on the above ratios. v. Draft a concluding remark along the bibliography based on Question 1 and 2. (200- 300 words) Q.No. 2 Abubatim LLC has given the following particulars. You are required to prepare a cash budget for the three months ending 31 December 2019 Months Sales Materials: Wages Over heads (OMR) (OMR) (OMR) (OMR) August 20000 10200 3800 1900 September 21000 10000 3800 2100 October 23000 9800 4000 2300 November 25000 10000 4200 2400 December 30000 10800 4500 2500 Credit terms are 1. Sales/Debtors 10% sales are on Cash, 50% of the credit sales are collected in next month and the balance in the following month 2. Creditors materials 2 months Wages 1 month Over heads 1 month 3. Cash balance on 1 October is expected to be Ro.8000 4. A machinery will be installed in August at a cost of RO.100000, the monthly instalment of RO.5000 is payable from October onwards 5. Dividend at 10% on preference share capital RO.300,000 will be paid on 1st December 2019 6. Advance to be received for the sale of vehicles RO.20000in December 7. Income tax tobo received in December RO.5000 Q.No.3 Prepare a Flexible budget for overheads on the basis of the following data. Ascertain the overhead rates at 50% and 60% capacity. Variable overheads: At 60% capacity (OMR) Indirect Material 6,000 Labour 18,000 Semi-variable overheads: Electricity: (40% Fixed & 60% variable) 30,000 Repairs: (80% fixed & 20% Variable) 3,000 Fixed overheads: Depreciation 16,500 Insurance 4,500 Salaries 15,000 Total overheads 93,000 Estimated direct labour hours 1,86,000 Evaluation criteria Maximum 15 marks 1) Creativity 2) Analysis 4) Writing Quality 5) Bibliography/References Maximum Maximum 1.5 marks 10.5 marks 3) Structure/Organizing content Maximum 1.5 marks Maximum 0.75 marks Maximum 0.75 marks