Assignment Question(s) (Allotted Marks: 15/15) II 1) Select any one of companies being operated in Sultanate of Oman. Write a note in your own words i. Introduction of the company ii. mission and vision of the company iii. From the latest financial statement of the company calculate Earnings per share. Dividend cover ratio and Price earning ratie of the company. iv. Evaluate the performance of the company based on the above ratios. v. Draft a concluding remark along the bibliography based on Question 1 and 2. (200 - 300 words) Q.No.2 Obubutiu. LLC has given the following particulars. You are required to prepare a cash budget for the three months ending 31 December 2019 Months August September October November December Sales (OMR) 20000 21000 23000 25000 30000 Materials (OMR) 10200 10000 9800 10000 10800 Wages (OMR) 3800 3800 4000 4200 4500 Over heads (OMR) 1900 2100 2300 2400 2500 Credit terms are 1. Sales /Debtors 10% sales are on Cash. 50% of the credit sales are collected in next month and the balance in the following month 2. Creditors - materials 2 months Wages 1 month Over heads - 1 month 3. Cash balance on October is expected to be ko.8000 4. A machinery will be installed in August at a cost of R0.100000, the monthly instalment of RO.5000 is payable from October onwards 5. Dividend at 10% on preference share capital RO_300,000 will be paid on 14 December 2019 6 Advance to be received for the sale of vehicles RO 20000in December 7. Income tax lobo received in December RO 5000 Parte 2 of 2 Q.No.3 Prepare a Flexible budget for overheads on the basis of the following data. Ascertain the overhead rates at 50% and 60% capacity Variable overheads: At 60% capacity (OMR) Q.No.3 Prepare a Flexible budget for overheads on the basis of the following data. Ascertain the overhead rates at 50% and 60% capacity, Variable overheads: At 60% capacity (OMR) Indirect Material 6,000 Labour 18,000 Semi-variable overheads: Electricity: (40% Fixed & 60% variable) 30,000 Repairs: (80% fixed & 20% Variable) 3,000 Fixed overheads: Depreciation 16,500 Insurance 4,500 Salaries 15,000 Total overheads 93,000 Estimated direct labour hours 1,86,000 II Evaluation criteria Maximum = 15 marks. Creativity Maximum = 1.5 marks Analysis Maximum = 10.5 marks ) Structure / Organizing content Maximum = 1.5 marks 4) Writing Quality Maximum = 0.75 marks 5) Bibliography / References Maximum = 0.75 marks