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Not yet answered Marked out of 1 Flag question Salalah Drilling...

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Not yet answered Marked out of 1 Flag question Salalah Drilling Company has issued 200,000 ordinary shares of OMRO.500 baisa each and 100,000 6% preference shares of OMRI each. Its profits after taxation for the year 2020 were OMR. 214,000 The directors have decided to pay OMR 0.75 per share as ordinary dividend. What will be the balance of retained earnings? a. 53,000 O b. 54,000 O c. 58,000 O d. 64,000

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