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The following balances extracted from the books of Al Marwan LLC for the year ended March 31, 2019. Gross profit OMR 10,00,000 Commission received OMR
The following balances extracted from the books of Al Marwan LLC for the year ended March 31, 2019.
Gross profit OMR 10,00,000
Commission received OMR 1,00,000
Dividend received OMR 1,50,000
Discount received OMR 10,000
Administration expenses OMR 1,00,000
Entitys share of loss from associates or joint ventures using equity method OMR 50,000
Calculate the operating profit of Al Marwan LLC.
a) OMR 150,000
b) OMR 1,000,000
c) OMR1,260,000
d) OMR1,110,000
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