Question: pleas fast i have 40min i need final answer only Calculate gross profit from the following? Sales OMR 10000, Cost of goods sold OMR 4000

pleas fast i have 40min

i need final answer only

Calculate gross profit from the following? Sales OMR 10000, Cost of goods sold OMR 4000 and Return inwards OMR 2000

OMR 10000

OMR 12000

OMR 4000

OMR 6000

Given the following data; TOTAL SALES OMR 250000 CASH SALES OMR 125000 SALES RETURN OMR 5000 OPENING SUNDRY DEBTORS OMR 20000 CLOSING SUNDRY DEBTORS OMR 10000 What will be the average debtors?

OMR 10000

OMR 30000

OMR 15000

OMR 7500

Clear my choice

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Haleem trading company is a popular distributor in Salala, having operations in the entire Oman. Over these years, the company has gained a very good public opinion and quiet a big number of loyal...

Calculate gross profit from the following Sales OMR 10000. Cost of goods sold OMR 4000 and Return inwards OMR 2000 O a OMR 12000 O b. OMR 6000 OG OMR 4000 O d. OMR 10000 Profit maximisation will lead...

Calculate gross profit from the following? Sales OMR 50000, Cost of goods sold OMR 30000 and Return inwards OMR 10000. a. OMR 20000 b. OMR 10000 c. OMR 30000 d. OMR 90000 ----/--------------- Compute...

38 Calculate gross profit from the following? Sales OMR 50000, Cost of goods sold OMR 30000 and Return inwards OMR 10000. d out of O a OMR 30000 Ob. OMR 10000 OC OMR 20000 O d. OMR 90000 Question 39...

Question 5 Calculate the gross profit from the following Sales OMR 25000, Cost of goods sold OMR 15000 and Return inwards OMR 2000. Return outwards 5000, Purchases 5000 Not yet answered Marked out of...

Which of the following considers both time value and risk factor of the business concern? a. Profit Maximization b. Asset Maximization c. Sales Maximization d. Wealth Maximization Question 16 Not yet...

Calculate the gross profit from the following? Sales OMR 50000, Cost of goods sold OMR 30000 and Return inwards OMR 10000, Returns outwards 12000, Purchases 43000 a. OMR 7000 b. OMR 30000 C. OMR...

11\which of the following is a money market instrument ? a. cash credit b. Commercial Paper c. Bank Overdraft d. Credit card 12\Profit Maximization is also called as: a. Wealth per share maximization...

please i need coorect option only Maintenance of separate accounts for bad debts comes under role of financial manager Question 20 Not yet answered Marked out of 0.50 Fag question Tax Management...

Compute total income from the following? Gross Profit OMR 10000, Rent Paid OMR 1000, Commission received OMR 3000 and Dividend received OMR 2000. The following information relates to Suleiman & Sons...

Parent Corporation has owned all 100 shares of Subsidiary Corporation common stock since 2008. Parent has been in the business of manufacturing and selling light fixtures, and Subsidiary has been in...

Utilizing whichever method you prefer, balance a 100-kg diet so that it contains 18% crude protein (CP) using 15% timothy hay (fixed), 10% oats (fixed), 5% vitamin and mineral premix (fixed), corn,...

Which one of the following categorles of securities had the lowest average risk pretrium for the period 1 9 2 6 - 2 0 2 2 ? 2 points Multiple Choice OO . TE:T 1 Long - term government bonds Small -...

10) For a bond that pays cash interest (i.e., not a zero coupon bond), YTM is (a) always equal to the coupon rate (b) always equal to the current yield (c) is always less than the coupon rate (d) can...

Are use of symbols important in framing leadership as applied to the case study? Why/why not?

Why and how can corporate HRM never be context-free? What HRM theories do you know that argue in favour of the embeddedness of corporate HRM?

How and to what extent are the policies of Robert Bosch representative of the wider frameworks wherein they emerge?