The shares of Alpha Company were purchased for RO 1000 in the year 2019. Present purchase price of the shares is RO 1200. The shares were sold for RO 1600 in the year 2020. The holding gain and the trading gain of the shares is

a.

RO 400 and RO 200

b.

RO 200 and RO 400

c.

RO 100 and RO 600

d.

RO 600 and RO 400

The Al Noor Company is in the real estate business. The company constructed and sold a few properties in Muscat, reporting a net profit of RO 400,000 and a return on capital employed of 20% for the fiscal year 2020. The firm's capital employed is:

a.

RO 166,000

b.

RO 3,000,000

c.

RO 800,000

d.

RO 2,000,000

Company A and Company B are two entities that are not linked by parent-subsidiary relationship. The financial statements prepared by these companies will be titled as:

a.

Uncombined financial statements of Company A and Company B

b.

Unconsolidated financial statements of Company A and Company B

c.

Combined financial statements of Company A and Company B

d.

Consolidated financial statements of Company A and Company B