The following data (in thousands of cedis) have been taken from the accounting records of Hajia shikishiki for the just completed year. Administrative expenses.........................................................................................300 Direct Labour...........................................................................................................400 Finished goods inventory, beginning...................................................................240 Finished goods inventory, ending........................................................................320 Manufactured overhead.........................................................................................460 Purchases of raw materials....................................................................................240 Raw materials inventory, beginning......................................................................80 Raw materials inventory, ending..........................................................................140 Sales.......................................................................................................................1,980 Selling expenses...................................................................................................280 Work in process inventory, beginning.............................................................140 Work in process inventory, ending...................................................................100 Required What was the net income for the year? A. 180,000cedis B. 500,000cedis C. 890,000cedis D. 980,000cedis

Extractions of the transactions to the accounting equation in the month of January 2019 of Parakumcompany Ltd have been given for you.Following transactions have been occured06. Owner has used a stock Rs. 10,000 and cash Rs. 3000 for his personnel usage.07. Investment income received is Rs. 1200008. PPE should be depreciated 12% per annum09. Paid bank loan installment is Rs. 25000 and included interest for above is Rs. 500010. Received Rs 27000 from debtors under a discount of 10%11. Set off a debtor worth of Rs. 53000 with a creditor of Rs.50,000Required01. Write the transaction could be occurred from the 01-0502. Show the impact of transactions 6 -11 with in the accounting equation and state whether eachvalue increase (+) decrease (-) and in front of the value. (use following format.)TransactionNoncurrentassetsStock Tradereceivables CashEquity TradePayablesOtherPayablesCapital RetainedEarnings1.2.........TransactionNoncurrentassetsStock Tradereceivables CashEquity TradepayablesOtherpayablesCapital Retainedprofit01/01Balance 500 80 60 360 725 - 155 12001 +200 -110 +9002 -36 +4 -4003 -100 +150 +5004 +30 -3005 +20 -30 -10

Fadama, a sole trader started business on 1/ 4/ 2013 and keeps accounts to 31st March each year. She presents the following results of operations for assessment:Year to 31/3/2014 - GH¢480,000; Year to 31/3/2015-GH¢560,000; Year to 31/3/2016-GH¢400,000; Year to 31/3/2017-GH¢520,000. What was her chargeable income for the 2016 year of assessment? A. GH¢100,000 B. GH¢480,000 C. GH¢430,000 D. GH¢490,000

Tshiawelo Pty Limited has provided you with the following extract from the financial records for the financial year ended 31 December 2023 RCost of sales2 400 000Gross profit40%Operating expenses800 000Interest expense200 000Income tax expense30%Inventories 800 000Issued capital2 000 000Trade payables500 000Trade receivables600 000Cash and other equivalents200 000Short-term borrowings500 000Long-term borrowings2 000 000Property Plant and equipment1 000 000Required:Calculate the following ratios by choosing the correct answer from the options provided:Revenue from sales Blank 1 Net profit margin Blank 2Current ratio Blank 3Quick ratio Blank 4Debtors’ collection period Blank 5 Return on assets (ROA) Blank 6Days’ sales inventory held Blank 7Times interest earned ratio Blank 8

PASSAGE Mr. Ramprakash Kapoor is analyzing the profit & loss statements of four companies: RK Textiles, SK Handlooms, TK Designs and UK Textiles. All the four companies are engaged in the business of Garment manufacturing. All the four companies started their business on same day with 1 lakh of common stock and 1 lakh of cash. All the four companies report annual revenues of INR 200,000 in the first three years of operations and cash expenses of 120,000 during each of the three years. In the first year of operations, all the four companies incurred a capital expenditure of INR 60,000 on the purchase of new machinery. There is a difference in the way these companies treat this capital expenditure in their books of accounts. RK: RK textiles expenses the entire expenditure in the first year of operations. SK: SK textiles depreciates the machinery using the straight line method and assumes a three year useful life with zero salvage value. TK: TK depreciates the machinery using the straight line method and assumes a two year useful life with zero salvage value. UK: UK depreciates the machinery using the straight line method and assumes a three year useful life and INR 12,000 as salvage value. The machinery is sold in the third year. Assume a tax rate of 25% for all the three years. Refer to the given data and answer the question. Which of the given companies reported the highest net income in the first year of operations? OPTIONS RK SK TK UK

Estimate the Revenue collection of Djibouti in the last five years in table form