Mr. Abdullah is running a hypermarket which is registered under company law and he is doing this business for the last ten year in Oman. He wishes to extend his business operation by opening new branch in Dubai. Before doing that, he wishes to know his financial status by preparing different ratios. The following information is available from the books of 2019; you are required to answer the questions below: Land and building OMR 500,000 Furniture 100,000 Sundry Debtors 180,000 Bank balance 40,000 Inventories 80,000 Short term investments 50,000 Cash 50,000 Sundry Creditors 100,000 Bills payable 20,000 Expenses payable 80,000 Bank loan 200,000 Long term loan 100,000 Share Capital 500,000 Sales 300,000 Gross Profit 60,000 Net profit 30,000 Operating profit 45,000 No. of share Share 1,000,000 Market price of the share OMR 0.300 24 out of The major element for evaluating the profitability of the business over a fixed period of time is: a. The Statement of Financial position b. Income statement c. None of the above d. Statement of cash flow n 25 ed on out of As an accountant at the Hypermarket among the available option, which of the following is considered under Debt management ratio? a. Current Ratio b. Gross Profit Ratio c. Solvency Ratio d. Quick ratio