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Question - A corporation has the following income for 2018: Interest income derived from depository bank under Expanded Foreign Currency Deposit System P100,000; Capital gain from sale of shares of stock not traded in the local stock exchange 200,000; Dividend from a domestic corporation 300,00. How much is the Capital Gains Tax assuming the corporation is a resident foreign corporation?
a. 15,000
b. 45,000
c. 7,500
d. None of the choices
Entity A holds equity investments at fair value through profit or loss. Advise directors of Entity A as to the acceptability of the above accounting treatment
When considering whether to account for its investment in Marlon under the equity method, what criteria should Miller's management apply?
Average number of common shares outstanding = 700000 and Market price per share = 61. Calculate the price to earnings ratio for company X
Determine whether the accounting concept is violated or applied. Choose Applied if the accounting concept is applied otherwise choose Violated.
Net income before the percentage depletion deduction was $100,000. What is Carrie's tax preference for excess depletion
you are given a spreadsheet with daily sales numbers ordered by date from january 1st to december 31st. you have been
A construction company is negotiating on a construction project with a six month duration. On the last day of each month the construction company.
how much would this action save Antonella in today's tax dollars? If Antonella's tax rate increased to 32% next year, would receiving the bonus in January still be advantageous?
tennison corporation has two major business segments?consumer and commercial. data for the segment and for the company
Amortization and Depreciation Refer to the preceding problem, number 3. Suppose a year passes, and Cloud and Tron generate individual net incomes.
enter question here...refer the table below maturity coupon bid price asked price asked yield 2012 may 15 1.375 10105
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