(Multiple choice.....choose the correct answer ....without explanation)

Assume that Sohar LLC Carpet Manufacturing LLC sold OMR 2000 Carpets to the retailor on 16th March 2019. The customer made a written promise to the company by specifying the amount with the maturity date of 75 days from the day of sales. Find out the date of maturity.

Select one:

A.

May 30th 2019

B.

May 31st 2019

C.

June 12th 2019

D.

June 1st 2019

(Multiple choice.....choose the correct answer ....without explanation)

Assume that on March 14, 2019, Al Kamar LLC 10% note of OMR 12000 in exchange for extending the payment period of an outstanding account receivable of the same value. How much the company will receive from its customer on its maturity date of 2nd June 2019. Note: Assume 365 days a year.

Select one:

A.

OMR 10800

B.

OMR13200

C.

OMR 1200

D.

OMR 12263