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Please answer all the questions on the multiple-choice 1. Maimouna Company is providing the following information to you in an intention to calculate the total

Please answer all the questions on the multiple-choice

1. Maimouna Company is providing the following information to you in an intention to calculate the total cost of the company. The cost of the machinery is OMR 50,000 where estimated life is 5 years, Material Used OMR 40,000, Labour OMR 20,000 and Variable Overheads OMR 30,000. Determine the total cost.

a.

OMR 80,000

b.

None of the options

c.

OMR 180,000

d.

OMR 100,000

2. UAE ceramics LLC has average inventory conversion period of 72 days, average payment period of 62.5 days, cash conversion cycle of the company is 90 days. Find out the Average collection period of the company?

a.

+ 96.5 days

b.

+ 99.5 days

c.

80 days

d.

+ 80.5 days

3. Estimate the compound interest along with principal payable in second year when amount of loan is OMR 10000 at 8% interest.

a.

11664

b.

11800

c.

12975.62

d.

None of the options

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