Calculate net profit from the following? Net sales OMR 100000, Cost of goods sold OMR 40000, Rent received OMR 20000, Salaries OMR 10000, Insurance OMR 6000 and Depreciation OMR 8000. O a. OMR 56000 O b. OMR 64000 O c. OMR 60000 O d. OMR 70000

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Calculate net profit from the following? Net sales OMR 100000, Cost of goods sold OMR 40000,
Rent received OMR 20000, Salaries OMR 10000, Insurance OMR 6000 and Depreciation OMR
8000.
O a. OMR 56000
O b. OMR 64000
O c. OMR 60000
O d. OMR 70000
Transcribed Image Text:Calculate net profit from the following? Net sales OMR 100000, Cost of goods sold OMR 40000, Rent received OMR 20000, Salaries OMR 10000, Insurance OMR 6000 and Depreciation OMR 8000. O a. OMR 56000 O b. OMR 64000 O c. OMR 60000 O d. OMR 70000
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