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A company revalued its land on 1 Jan 2018 to OMR 20,000,000. The land originally cost OMR10,000,000 five years ago. How will the land be accounted for in the year ended 31 December 2018? Done None of the listed choices Credited OMR 10,000,000 in the income statement Debited OMR 10,000,000 in the comprehensive income statement Credited OMR 10,000,000 in the comprehensive income statement Al Safa company's profit after tax for the year to 31 December 2014 was OMR 150,000. The comparative figure for 2013 was OMR 145,000. The company's issued share capital on 1 January 2013 consisted of 250,000 ordinary shares. A 1 for 4 bonus issue was made on 1 July 2014. There were no other share issues in either year. Calculate Restated Basic EPS for 2013(Before bonus issue). Done OMR 0.432 OMR 0.580 OMR 0.352 None of the listed choices On 1 January 2015, a company's issued share capital consisted of 20,000 ordinary shares of OMR 1. On 1 May 2015, the company issued another 30,000 ordinary shares, and on 1 July 2015, the company issued a further 50,000 shares. Both issues were made at full market price. The weighted average number of shares outstanding during the year to 31 December 2015 was: Done Shares 65,000 Shares 20,000 Shares 40,000 None of the listed choices The following balances were extracted from the books of Al Tareeq LLC for the year ended March 31, 2019. Sales OMR 2,200,000 Sales returns 200,000. Cost of goods sold OMR 960,000. Operating profit of the company OMR 1,500,000 Finance cost of the company OMR 25,000 Calculate the gross profit of Al Tareeq LLC for the year ended March 31, 2019. Done OMR 2,000,000 None of the listed choices OMR 960,000 OMR 1,040,000