Case Study: Al-Jabri decided to start a business that would involve buying Tomato Sauces from Nezwa-Agri...

  

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Case Study: Al-Jabri decided to start a business that would involve buying Tomato Sauces from Nezwa-Agri processors and selling them to small retail outlets in neighboring estates. He would buy the tomato sauces in bulk, break the bulk and distribute the units to the retailers using his small pickup. He began with OMR. 12.500 in cash plus OMR. 2,500 loan from his friend Mohsen to be paid back one week after. On Monday, his first trading day, he bought inventories of tomato sauces worth OMR. 6,000 and sold half of the tomato sauces for OMR. 6,500 for cash. On Tuesday, he bought more tomato sauce for OMR. 4,000. He managed to sell all the new and earlier inventories for a total of OMR. 6,800 for cash. On Wednesday, he bought more inventories for OMR. 6,600. However, Wednesday was rainy, so the sales were slow, but he managed to sell half of the inventories for OMR. 4,200. Considering the information given in questions 7 to 10 about Al-Jabri Business prepare his 7. Statement of Cash Flows Monday Tuesday Wednesday OMR OMR OMR Opening balance of cash Available Capital Cash sales Cash paid to buy inventories Closing balance of cash 8. Statement of Financial Position Monday Tuesday Wednesday OMR OMR OMR Cash (closing balance) Inventories Total Assets Total Liabilities Capital contributed Profit Capital and Profit 9. Using the information provided in the statement of financial position calculate Monday Tuesday Wednesday %3D Gross Profit Margin = %3D Net Profit Margin Return on Assets = Case Study: Al-Jabri decided to start a business that would involve buying Tomato Sauces from Nezwa-Agri processors and selling them to small retail outlets in neighboring estates. He would buy the tomato sauces in bulk, break the bulk and distribute the units to the retailers using his small pickup. He began with OMR. 12.500 in cash plus OMR. 2,500 loan from his friend Mohsen to be paid back one week after. On Monday, his first trading day, he bought inventories of tomato sauces worth OMR. 6,000 and sold half of the tomato sauces for OMR. 6,500 for cash. On Tuesday, he bought more tomato sauce for OMR. 4,000. He managed to sell all the new and earlier inventories for a total of OMR. 6,800 for cash. On Wednesday, he bought more inventories for OMR. 6,600. However, Wednesday was rainy, so the sales were slow, but he managed to sell half of the inventories for OMR. 4,200. Considering the information given in questions 7 to 10 about Al-Jabri Business prepare his 7. Statement of Cash Flows Monday Tuesday Wednesday OMR OMR OMR Opening balance of cash Available Capital Cash sales Cash paid to buy inventories Closing balance of cash 8. Statement of Financial Position Monday Tuesday Wednesday OMR OMR OMR Cash (closing balance) Inventories Total Assets Total Liabilities Capital contributed Profit Capital and Profit 9. Using the information provided in the statement of financial position calculate Monday Tuesday Wednesday %3D Gross Profit Margin = %3D Net Profit Margin Return on Assets =

Answer rating: 100% (QA)

B E 7 Statement of cash flows Particulars Monday Tuesday Wednesday 3 OMR OMR OMR 4 Opening balance o... View the full answer