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Problem 1: Mrs. Smith, the legal wife of Mr. Smith who is the city treasurer of Baguio, provided an information to the Bureau of internal revenue unpaid taxes leading to the recovery of P9,500,000. How much is the net amount to be received by the informant after deduction of final taxes?
Problem 2: Joy, a resident alien, works home online and submits her output to clients. She collected P800,000 service fee from foreign clients and P200,000 from Philippine resident clients. How much income is earned by Gareth outside the Philippines?
Bravo Manufacturing Company began operations on January 1, 2016. Determine the dollar amount of the total depreciation that will be in the FY 2016 Product Costs
falcon co. produces a single product. its normal selling price is 30.00 per unit. the variable costs are 19.00 per
lamar corporation has a joint process which produces three products called a b and c. each product may be sold at
robertson corporations inventory balance was 22000 at the beginning of the year and 20000 at the end. the inventory
Summarize the Sarbanes-Oxley requirements for reporting on internal controls. Why are these requirements particularly onerous for smaller public companies
What ethical issues can you identify that are raised using smartphones in the workplace? What are your arguments on your identified ethical issues?
Would you expect the deadweight loss due to moral hazard to be greater for the elective or non-élective services? Illustrate with a graph 2.
nick and jolene are married. nick is 61 and retired in 2011 from his job with amalgamated company. jolene is 56 and
Explain what balance sheet exposure and transaction exposure are and the difference between them.
How does my cash flow differ from my profit. Will these transactions appear on my income statement. My cash-flow statement
Meghan also wholly maintained her father Phillip for the whole year. Calculate Meghan's taxable income and Net tax payable for the 2017/18 tax year
Provide detailed descriptions and show all calculations
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