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Part 1: Multiple Choice Questions 1) Assume that Mohammed paid OMR 12,000 for his share of goodwill in a partnership. If Mohammed, Ibrahim, Yusef and

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Part 1: Multiple Choice Questions 1) Assume that Mohammed paid OMR 12,000 for his share of goodwill in a partnership. If Mohammed, Ibrahim, Yusef and Ali are sharing profit and losses in the ratio 2:4:1:5 respectively, then Yusef share of Goodwill will be in OMR: A) 3,000 B) 6,000 C) 72,000 D) None of the above

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