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Compute the OTP. Meralco is a holder of franchise to sell electricity. It also leases its first class auditorium and theatre. In a particular month,
Compute the OTP. Meralco is a holder of franchise to sell electricity. It also leases its first class auditorium and theatre. In a particular month, its gross receipts from sale of electricity amounted to P10,000,000. The gross receipts from the lease of its auditorium and theatre amounted to P2,000,000
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