Al-Shamukh Constructors Ltd. currently has sales of OMR 21 million a year, with a stock level of 25 percent of the sales. Annual holding cost for the stock is 20 percent of value. Operating cost...

Extracted text: Al-Shamukh Constructors Ltd. currently has sales of OMR 21 million a year, with a stock level of 25 percent of the sales. Annual holding cost for the stock is 20 percent of value. Operating cost (excludingt cost of stocks) are OMR 15 million a year and other assets are valued at OMR 30 million. If the stocks levels are reduced to 20 percent of the sales, then what will be the improvement (or reduction) in the rat of return on asset in percentage? a. 6.53 O b. -8.04 Oc 6.4 O d. 7,44 e. -7.14 Ot None is correct