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Case No. 3: Demy Company Before deducting bonus and income taxes, Demy Company has a profit amounting to P 2,000,000. In addition, the bonus
Case No. 3: Demy Company Before deducting bonus and income taxes, Demy Company has a profit amounting to P 2,000,000. In addition, the bonus rate and income tax rate are 10% and 30%, respectively. (Round off your answers to the nearest whole number) 7. How much is the bonus if Demy opts to base it on profit before deducting bonus and income taxes? 8. How much is the bonus if Demy opts to base it on profit after deducting bonus and but before income taxes? 02 Task Performance 1. *Property of STI Page 1 of 2 STI BM2019 9. How much is the bonus if Demy opts to base it on profit before deducting bonus and but after income taxes? 10. How much is the bonus if Demy opts to base it on profit after deducting both bonus and income taxes?
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