TN Ghana Ltd acquired land and building on 1st January 2016 for 40million(including 15million in respect of the land). The asset was revalued on the 31st/12/2017 to 43million(including 16.6million) in respect of the land. The buildings was depreciated over a 50 year useful life to a zero residual value. The useful life and residual value did not subsequently need revision. On the 31/12/2018, the property was revalued downwards to 35 million as a result of recession (including 14million) in respect of the land. The company makes a transfer from revaluation surplus to retained earnings in respect of realised profit. 1. Determine the profits that should be recognized in profit/loss and other comprehensive income for the years ended 31/12/2017 and 31/12/2018 2. Comprehensive income for the years

Suppose a ceiling fan manufacturer has the total cost function c(x) = 48x + 1485 and the total revenue function r(x) = 75x. (a) what is the equation of the profit function p(x) for this commodity? p(x) = (b) what is the profit on 35 units? p(35) = interpret your result. the total costs are less than the revenue. the total costs are more than the revenue. the total costs are exactly the same as the revenue. (c) how many fans must be sold to avoid losing money? fans

Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000

Location test: question 1 of 54)water is a solvent because itoa. is made of moleculesob. dissolves many substancesc. is a saltd. has a large buffering capacity