On 1st of January 2016, Ms. Huma purchased 2,400 shares of Bank Nizwa for OMR 0.700. The company declared a dividend OMR 0.050 per share. On 30th of June 2019, the value of share has appreciated by 40 %. What is the total value of share on 30th June, 2019? OMR 2,352 OMR 1,680 None of these OMR 1,008 Calculate the total dividend earned by Ms. Huma on her investment in the year 2016: OMR 48 OMR 0.050 OMR 84 OMR 120

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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On 1st of January 2016, Ms. Huma purchased 2,400 shares of Bank Nizwa for OMR 0.700. The company declared a
dividend OMR 0.050 per share, On 30th of June 2019, the value of share has appreciated by 40 %.
What is the total value of share on 30th June, 2019?
OMR 2,352
OMR 1.680
None of these
OMR 1,008
Calculate the total dividend earned by Ms. Huma on her investment in the year 2016:
OMR 48
OMR 0.050
OMR 84
OMR 120
Transcribed Image Text:On 1st of January 2016, Ms. Huma purchased 2,400 shares of Bank Nizwa for OMR 0.700. The company declared a dividend OMR 0.050 per share, On 30th of June 2019, the value of share has appreciated by 40 %. What is the total value of share on 30th June, 2019? OMR 2,352 OMR 1.680 None of these OMR 1,008 Calculate the total dividend earned by Ms. Huma on her investment in the year 2016: OMR 48 OMR 0.050 OMR 84 OMR 120
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