From the following information calculate the loss on holding the monetary assets. Jan 2020 Dec. 2020 Current Assets OMR 25,000 OMR 37,000 Current liabilities OMR 30,000 OMR 40,000 Retail price index No. 200 300 Average for the year 240 a. OMR 15,500 D. Insufficient data C. OMR 15,600 d. OMR 25,000

From the following information calculate the loss on holding the monetary assets. Jan 2020 Dec. 2020 Current Assets OMR 25,000 OMR 37,000 Current liabilities OMR 30,000 OMR 40,000 Retail price index No. 200 300 Average for the year 240 a. OMR 15,500 D. Insufficient data C. OMR 15,600 d. OMR 25,000

Name: From the following information calculate the loss on holding the mone
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Description: From the following information calculate the loss on holding the monetary assets.Jan 2020Dec. 2020Current AssetsOMR 25,000OMR 37,000Current liabilitiesOMR 30,000OMR 40,000Retail price index No.200300Average for the year240a. OMR 15,500b.Insufficient

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter7: Fixed Assets, Natural Resources, And Intangible Assets

Section: Chapter Questions

Problem 7.3.2MBA

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From the following information calculate the gain on holding a monetary liability Jan 2020 Dec. 2020 Current Assets OMR 25,000 OMR 37,000 Current liabilities OMR 30,000 OMR 40,000 Retail price index No. 200 300 Average for the year 240 a. OMR 15,300 b. OMR 17,500 c. insufficient data d. OMR 20,000
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ANSWER THESE,
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Calculate the asset efficiency - receivables turnover ratios, inventory turnover ratios, fixed asset turnover ratios and total asset turnover ratios.
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If the value of the monetary assets at the beginning and at the end of the financial year is OMR 150,000 but the general price index at the beginning of the year is 200 and at the end of the year is 300. How much will be the value of monetary assets as per CPPA. a. OMR 225,000 b. OMR 149,000 c. OMR 175,000 d. OMR 150,000
Please provide solutions or computations. No computations means something.
Return on total assets ratio: net income/ average total assets 21,331/(321,195+225,248)/2= 0.07807= 7.8% (2020 year) 11588/(162,648+225,248)/2= 0.059= 6.0% (2019 year) Write financial analysis report.