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Sohar Company's summarized balance sheet in OMR is given below. Its income statement shows a net profit of 12000 OMR for the year, included in

Sohar Company's summarized balance sheet in OMR is given below. Its income statement shows a net profit of 12000 OMR for the year, included in shareholders' equtiy and the translated value of net profit is 26300 USD.

Which of the following is the translation difference if the balance sheet is translated into USD?

Assets OMR Liabilities&Equity OMR
Current Assets 48,000 Current Liabilities 23,000
Non-current Assets 62,000 Non-current Liabilities 53,000
Shareholders Equity 34,000
Total Assets 110,000 Total Liabilities&Equity 110,000

Current rate: 1 OMR = 2.59 USD

Historical rate: 1 OMR = 2.41 USD

Average rate: 1 OMR = 2.53 USD



Select one:
a. -3200
b. -2500
c. +7120
d. +4000

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