Question 2: A rough rule of thumb for the chemical industry is that OMR 1 of annual sales requires OMR 2 of fixed capital investment. In a chemical processing plant where this rule applies, the total capital investment is OMR 3000000, and the working capital is 18 percent of the total capital investment. The annual net total product cost amounts to OMR 1100000. If the income tax rates on gross earnings total 29 percent, determine the following:

a) Percent of total capital investment returned annually as gross earnings.

b) Percent of total capital investment returned annually as net profit.