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Question - Pedro is a tax operator. The following data were provided for taxable year 2018:
Gross receipt P2,800,000
Cost of direct services (1,500,000)
Operating expenses (750,000)
Net income P550,000
Determine the total tax due of Pedro assuming the opted to use the 8% tax?
At times, companies issue their shares for consideration other than cash. What is the measurement objective in those cases?
Refer to the information in Exercise. In addition, assume each finished unit requires five pounds of raw materials and the company wants to end each month.
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The surgery is unsuccessful, and after Cody's death, Martin sells the stock for $800,000. What is the income tax result for Martin
Assume the following: OCF = 30,000, NWC this year end = 10,000, NWC last year end = 8,000. What is free cash flow to Equity
On January 2, 2020, Paraiso sold 30,000 shares at P3,000,000. Compute the carrying value of the investment
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On December 31, 2017 dieker company sells equipment to tabor inc for 125,000. What are the journal entries for dec 31, 2017
Prepare the journal entries to account for the investment in 2007, 2008 and 2009. Calculate the gain after the January 1, 2009 acquisiton
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