Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please solve this questions You are provided with the following information for the year 2019 about Al Maha Company for four quarters. The company has

please solve this questions image text in transcribed
image text in transcribed
You are provided with the following information for the year 2019 about Al Maha Company for four quarters. The company has 5000 shares which is valued at RO 500,000 Quarter 1 | Quarter 2 Quarter 3 Quarter 4 225,000 4.000 325.000 12,300 10,000 Sales Sales returns and allowances Sales discounts Net Sales Cost of merchandise sold Gross Movie Salesmen salaries Depreciation on fixed assets Advertising expense Office supplies expense Gain on disposal of assets Interest revenu Interest expense Net Income from operation 208,750 ? 103,750 19.000 20,000 6,150 1.750 195,000 ? 16,000 10,000 16,500 9,800 480,000 2 2.500 15,000 1.500 435,000 246,000 ? 147.000 247.000 42,500 20,000 40,000 18,000 2 11.500 62,500 13,000 2 0 500 300 300 57850 600 7 0 82,500 ? 36800 What will be the total amount paid as dividends, if the company declared to pay an annual dividend at 5 percent of the net income O a. RO 11,587.5 O b. RO 1,840.5 C.RO 25,000 O d.RO 4.125 The value of interest expense for quarter 4 is O a. RO 200 b. ROO c RO 20,000 d.RO 2,000 The gross margin for quarter 4 will be Da RO 90,000 O b. RO 9,000 OC. RO 99,000 O d.RO 9,900

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strategic Cost Analysis

Authors: Roger Hussey

1st Edition

160649239X, 9781606492390

More Books

Students also viewed these Accounting questions

Question

13. Give four examples of psychological Maginot lines.

Answered: 1 week ago