Question 2 Not yet answered Marked out of 1.00 Flag question A company's net sales are OMR 1,500,000; cost of sales is OMR 1,000,000 and Salary expenses are OMR 300,000, the amount gross profit will be: Select one: a. OMR 300,000 O b. OMR 500,000 O c. OMR 200,000 O d. OMR 400,000 Ka KY Question 4 Not yet answered Marked out of 1.00 P Flag question Given the following information: Sales from Operations OMR 340,000 Cost of Sales from Operations OMR 120,000 Selling expenses OMR 80,000 Administrative Expenses OMR 40,000 Calculate the Operating ratio Select one: O a. 12% O b.53% O c. 29% O d. 44% Question 5 Not yet answered Marked out of 1.00 P Flag question Calculate 'Liquidity Ratio' from the following information: Current liabilities = OMR 50,000 Current assets = OMR80,000 Inventories = OMR 20,000 Land and Building = OMR 5,000 Prepaid expenses = OMR 5,000 Select one: O a. 1.20 O b. 1.60 O c. 1.10 O d. 1.30 KA Question 6 Not yet answered Marked out of 1.00 P Flag question Given the following information: Sales from Operations OMR 340,000 Cost of Sales from Operations OMR 120,000 Selling expenses OMR 80,000 Administrative Expenses OMR 40,000 Calculate the Gross profit ratio. Select one: O a. 35% O b. 60% O c. 65% O d. 55% Ka Question 7 Not yet answered Marked out of 1.00 P Flag question The net income available to stockholders is OMR 125,000 and total assets are OMR 196,000. The company paid liabilities OMR 200,000 then return on assets would be Select one: O a. 0.72 b. 0.64 C. 0.63 O d. 0.98 KS Question 8 Not yet answered Marked out of 1.00 P Flag question Calculate the Average College period from the following information: OMR Total Sales from operations 400,000. Sales return (Material damaged) OMR 50,000. Trade receivables as at 1.1.2020 OMR 40,000. Trade receivables as at 31.12.2020 OMR 120,000. Select one: O a. 83 days O b. 73 days O c. 63 days O d. 93 days K 7 KS Question 9 Not yet answered Marked out of 1.00 Flag question The following data has been taken from the financial statements of TATA industries: Net sales: $65000 Sales returns: $2,500 Assets at the beginning of the year: $78,000 Assets at the end of the year: $72,000 Required: Compute assets turnover ratio for the TATA industries. Select one: O a. 0.90 O b. 0.83 O c. 0.87 d. 0.85 KS Question 11 Not yet answered Marked out of 1.00 Flag question From the following information, calculate inventory turnover ratio: OMR Sales from operations = 400,000 Average Inventory = 55,000 Gross Profit Ratio = 10% Select one: O a. 7.20 times b. 6.75 times O c. 5.55 times O d. 6.55 times R2 Question 12 Not yet answered Marked out of 1.00 P Flag question Calculate Current Ratio from the following information: Particulars OMR Inventories 50,000 Trade receivables 50,000 Advance tax paid 4,000 Cash and cash equivalents 30,000 Trade payables 1,00,000 Short-term borrowings (bank overdraft) 4,000. Select one: a. 1.25 O b. 1.00 O c. 1.29 O d. 1.10 Question 13 Not yet answered Marked out of 1.00 Flag question Roger Binny Company compiled the following financial information as of December 31, 2020: Net income OMR 1,120,000 Share Capital OMR 240,000 Buildings OMR 320,000 Operating expenses OMR 1,000,000 Cash OMR 280,000 General Reserve OMR 80,000 Inventory OMR 40,000 Accounts payable OMR 160,000 Accounts receivable OMR 120,000 Retained earnings, 1/1/2020 OMR 600,000 Calculate Return on Equity Select one: O a. 1.29 O b. 1.30 O c. 1.22 O d. 1.15 KS Question 14 Not yet answered Marked out of 1.00 Flag question Calculate Debtors Turnover Ratio and Average Collection Period (in days) from the following Total Sales - OMR 600,00. Trades Receivable at beginning of the year- OMR 80,000 Trades Receivable at the end of the year- OMR 160,000 Select one: O a. 72 days O b. 70 days O c. 71 days O d. 73 days KS Question 15 Not yet answered Marked out of 1.00 Flag question Scott's Auto Body Shop customizes cars for celebrities and movie sets. During the year, Scott had a Sales of OMR 900,000, Cost of goods sold OMR 200,000 and Operating expenses OMR 100,000. The company tax at 10%. Scott reported OMR 500,000 of total assets and OMR 250,000 of current liabilities on his balance sheet for the year. Calculate the Return on Capital Employed. Select one: O a. 2.24 O b. 2.40 O c. 2.50 O d. 2.16
