Impairment for investments 900,000 Impairment for loans 100,000 Income tax expense 300,000 Loss on exchange difference arising on transactions of foreign operations 200,000 Provision for bad debts 12,000 From the above information Total Non-Interest income will be: a. OMR 1,312,000 b. OMR 1,212,000 c. OMR 1,012,000 d. OMR 1,313,000

Impairment for investments 900,000 Impairment for loans 100,000 Income tax expense 300,000 Loss on exchange difference arising on transactions of foreign operations 200,000 Provision for bad debts 12,000 From the above information Total Non-Interest income will be: a. OMR 1,312,000 b. OMR 1,212,000 c. OMR 1,012,000 d. OMR 1,313,000

SWFT Comprehensive Volume 2019

42nd Edition

ISBN:9780357233306

Author:Maloney

Publisher:Maloney

Chapter25: Taxation Of International Transactions

Section: Chapter Questions

Problem 25P

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