Compute the net profit if, Service Revenue OMR 110,000; Other income OMR12,000; salary Expenses OMR 10,000; water Exper OMR 2,000 and utility expenses OMR 16,000? O a. OMR 114,000 Ob. OMR 104,000 O c. OMR 84,000 Od OMR 94.000

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A: Determining overhead costs and WIP inventory involves understanding your business' cost accounting…

Q: Explain the Rule of 72.

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Q: 10) 11) 12) 13) 14) Explain Dual Aspect concept and provide example. Explain Consistency concept and…

A: 10) Dual Aspect Concept:  Any business transaction is documented in two separate accounts according…

Q: Give two examples of errors of principle?

A: Errors of principle refers to errors that are carried out at time of noting down transactions…

Q: iii. Do you think the regulatory requirements in Tier 2 should be tightened? Why or Why not?

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Q: Which of the following is an enhancing qualitative characteristic?   Group of answer choices…

A: Enhancing qualitative characteristic include Faithful Representation

Q: The Sarbanes-Oxley Act requires the following?

A: Sarbanes-Oxley Act is formulated during 2002 under US federal law. The prime purpose of the act is…

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Q: Please answer sections d), e) and f)

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Q: Do you agree?

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Q: What is the answer to part b? Is it -1245? Is the sign negative or positive?

A: The inventory valuation includes two methods named as FIFO (First in First Out) and LIFO (Last in…

Q: What is the Rule of 72? How is knowing this concept helpful to you?

A: The Rule of 72 is a simple way to determine how long an investment will take to double given a fixed…

Q: Explanation 1031 like-kind exchange

A:

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A: Traditional Model & Expected Cash Flow Model: Traditional Approach - In the traditional…

Q: How about the second question?

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Q: What is AAA (Section 1368(e))

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Q: With the aid of examples, highlight the differences between the following terms: Rights issue and…

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Q: is part b answered in this?

A: Ledger posting. : When any transaction is made journal entry is passed, after that those entries are…

Q: What is Break Even Point?

A: BEP is called as break even point. Formula: Break even point = Fixed cost / Contribution per unit

Q: The answer is somewhat close. The right answer is 1.5337 Please clarify

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Q: Why option A is incorrect?

A: revenue is generated by the business whenever  goods or services are sold by the business.this leads…

Q: What is Reiman’s (2001) argument?

A: Arguments is an act or process of arguing or discussing. There are different types of arguments like…

Q: please question d) e) and F)

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Q: This is wrong.....>2023 is not 19870.07. Please try again. The rest is right.

A: Lease Amount of Year 6 = a = $1596 millionTime = t = 6 YearsDiscount Rate = r = 6%

Q: 1,525,394 is the wrong answer. what is the correct one?

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Q: as fortuitous event? J

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Q: Why was the Sarbanes-Oxley Act developed and enacted?

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Q: How about the last question?

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Q: tate two (2) main criticisms against the adoption of IFRSs in some countries.

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Q: hat are the Sarbanes-Oxley Act and GAAP?

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Q: Over subscription and under subscription

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Q: part b is incorrect. Can you rework it?

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Q: why would it not be option A

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Market Efficiency

Market efficiency refers to the market's ability to provide investors with all available information about investment options for buying and selling securities. Market efficiency reflects the true value of securities without undervaluing or overvaluing them. When the quality and quantity of information increase, the market becomes more efficient, allowing it to reduce arbitrage and obtain higher market returns from investment. In a well-functioning market, everyone receives all information completely and immediately at no cost. It opens up a plethora of opportunities for investors to access various investment options.