Question 12 Not yet answered Marked out of 1.00 Flag question Mars Hyper Market has reported the following information for the year 2020, Sales OMR 635,000 Sales returns OMR 35,000 Operating expenses OMR 135,000 Gain from disposal of paint product OMR 26,400. Loss from disposal of tools OMR 102,700 Total loss from discontinued operation OMR 96,500 Calculate the net profit before tax of continued operation of the company for the year 2020. OMR 465,000 OMR 135,000 OMR 600,000 None of the listed choices Question 14 Not yet answered Marked out of 100 A company's profit after tax for the year 31st December 2018 was RO 600,000. The comparative figure for the year 31st December 2017 was RO 400,000. The company's issued share capital on 1st January 2016 consisted of 240,000 ordinary shares, No shares were issued during the year 2017 but a 1 for & rights issue was made on 1st July 2018 at RO 0.500 per share and this was fully subscribed. The market value of the company's shares Just before the rights issue was RO 1.500 per share. Calculate the theoretical Ex Rights price. Flag question Question 15 OMR 3.60 None of the listed choices A company was formed on March 2020 with an authorized capital of OMR 500,000 divided OMR 1.3 issued at par, what will be the journal entry? OMR 280 Not yet 30 each. If the shares are answered