Question: Mr. Abdullah is running a hypermarket which is registered under company law and he is doing this business for the last ten year in Oman.
Mr. Abdullah is running a hypermarket which is registered under company law and he is doing this business for the last ten year in Oman. He wishes to extend his business operation by opening new branch in Dubai. Before doing that, he wishes to know his financial status by preparing different ratios. The following information is available from the books of 2019; you are required to answer the questions below: Land and building OMR 500,000 Furniture 100,000 Sundry Debtors 180,000 Bank balance 40,000 Inventories 80,000 Short term investments 50,000 Cash 50,000 Sundry Creditors 100,000 Bills payable 20,000 Expenses payable 80,000 Bank loan 200,000 Long term loan 100,000 Share Capital 500,000 Sales 300,000 Gross Profit 60,000 Net profit 30,000 Operating profit No. of share Market price of the share 45,000 Share 1,000,000 OMR 0.300 d 21 Earnings per share of the company is a. 0.060 Out of Ob. 0.020 c. 0.030 d. 0.050

Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
