Q2. Download the statement of position and the statement of financial performance for Dhofar Tourism and specify the values of the flowing items from the downloaded statement for the years 2018 and 2019

Elements to identify from the downloaded statement of financial position are ;

1. Cash and cash equivalent
2. Accounts receivables
3. Accounts payables
4. Equity
5. Sales revenue and
6. Net profit.

Kindly ensure that your answer should be in the following given format.

Elements	2018 (OMR)	2019 (OMR)

Compare the net profit of the company with the years 2018 and 2019 and explain the effect of increase or decrease the in the sales revenue and expenditure on the net profit of the company.