Question
M/s Al Ahmadiya company operating all the business activities related to export of meat and sea foods throughout the world with its Objectives, Mission and
M/s Al Ahmadiya company operating all the business activities related to export of meat and sea foods throughout the world with its Objectives, Mission and Vision in the Muscat. The company keeps on performing well in terms of both profitability and volume of sales for the past ten years. The company's earnings during 2016, 2017, 2018 and 2019 were OMR 60,000; OMR 70,000; OMR 80,000 and OMR 90,000 respectively and the company continuously increasing its net worth year on year. The company liquidity position is far better than other companies, hence the company operations never stopped due to liquidity crunch. The company frequently provides the finance whenever it is necessary for all the activities to avoid interruptions in various operations performed by each departments of the company. The departments were using finances effectively and efficiently in which the principal invested in various projects protected safely with enormous returns. The company is maintaining its creditworthiness by paying interest on loan on time and by paying fair remuneration to all its employees without any discrimination. Further the company declaring attractive dividends yearly twice like annual dividend and interim dividend. Payment policies related to creditors for credit purchases and government for taxes are highly appreciated by the stake holders of the company. M/s Al Ahmadiya company also maintaining harmonious relationship with various financiers, employees, directors and all. The company is the leader for innovations and inventions. 11-Find the percentage of profit for the year 2019 by assuming the year 2016 as the base year: a. 50% Increase b. 50% Decrease C. 100% Decrease d. 100% Increase
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