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Question - BTS Corporation provides its unit managers with a 12% bonus depending on its unit's performance at year-end. For the year ended 2019, unit income is P 2,700,000 before bonus and tax. The applicable tax rate is 30%.
Required -
1. Determine the bonus if bonus is 12% of unit income before bonus but after tax. Round your final answer to the nearest peso.
2. Determine the bonus if bonus is 12% of unit income after bonus but before tax. Round your final answer to the nearest peso.
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