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On 1st April 2012, Muscat Investments purchased 12,000 equity shares of Al Jazeera Company at OMR 0.150 per share. The transaction cost paid on the

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On 1st April 2012, Muscat Investments purchased 12,000 equity shares of Al Jazeera Company at OMR 0.150 per share. The transaction cost paid on the shares purchase was OMR 75. Al Jazeera Company declared a dividend of OMR 0.030 per share. After receiving the dividend, on 18th May 2013, Muscat Investments sold all the shares at a market price of OMR 0.225 per share out of which paid OMR 40 as transaction cost. On 31st December 2012, the fair market value of the shares was OMR 0.175 per share. Calculate the profit or loss earned on the sale of shares: Calculate the amount of dividend earned by Oman Investments: . Calculate the profit or loss earned on the sale of shares . OMR 900 Profit OMR 600 Loss OMR 900 Loss OMR 600 Profit Calculate the amount of dividend earned by Oman Investments: > Calculate the amount of dividend earned by Oman Investments OMR 600 OMR 300 OMR 900 OMR 360

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