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Question - A company is considering two different proposals for computing the bonus for its new company president. The first plan states that the bonus would be equal to 6% of profits after the bonus but before tax have been deducted. The second method is based on profits after both tax and bonus have been deducted, at the rate of 12%. Income before income tax and bonus for 2021 is P 9,000,000. Income tax rate is 35%.
Required -
1. How much is the amount of bonus under the first plan?
2. How much is the amount of bonus under the second plan?
Examine HNC's strategic position, establish corporate goals, and suggest key strategies to achieve the goals. Suggest key directives for the detailed
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Selling and administration expenses divided into $100 per computer sold and $ 150,000 for administration, find out net income or loss.
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