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What is Shawn bonus

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Question - Shawn is a managing partner in a local business. Part of his profit allocation is a bonus based on the store's operating income. The bonus is 8 percent of operating income in excess of P200,000 after deducting the bonus. If operating income for the year is P250,000, what is Shawn's bonus (rounded to the nearest dollar)?

Reference no: EM132665026

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