Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 08, 2024

help me please thank you 17) After three profitable years, Colohan Company decided to offer a bonus to its branch manager of 25% of income

help me please thank you

17) After three profitable years, Colohan Company decided to offer a bonus to its branch manager of 25% of income over P2,000,000 after deducting the bonus but before deducting tax earned by the branch. The income for the branch was P3,6000,000 before tax and before bonus for 2025. The bonus of the branch manager for 2025 is

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introductory Statistics Exploring The World Through Data

Authors: Robert Gould, Colleen Ryan

2nd Edition

9780321978509, 321978277, 321978501, 978-0321978271

Students also viewed these Accounting questions

Question

★★★★★

The following is a sample of 25 measurements: a. Compute , s2, and s for this sample. b. Count the number of measurements in the intervals s, 2s, 3s. Express each count as a percentage of the...

Answered: 1 week ago

Question

★★★★★

1. Suggest several different possibilities yourself, and then ask students to offer some.

Answered: 1 week ago

Question

★★★★★

The following amortization schedule is for Flagg Ltd.'s investment in Spangler Corp.s $100,000, five-year bonds with a 7% interest rate and a 5% yield, which were purchased on December 31, 2013, for...

Answered: 1 week ago

Question

★★★★★

1 . Answer the following: ( a ) Design and analyze a recursive version of the LOGICALAND ( A , B , C , p , r ) algorithm that uses a divide - and - conquer approach in which the algorithm divides the...

Answered: 1 week ago

Question

★★★★★

Refining raw gold ore to remove impurities and concentrate gold content usually involves caustic chemicals. One method involves dissolving the gold with a concentrated cyanide solution. The...

Answered: 1 week ago

Question

★★★★★

The premise of this estimating technique in construction, industrial, and process projects is that there is a linear relationship between the cost and duration of the project and one or more of the...

Answered: 1 week ago

Question

★★★★★

A car manufacturer incurs the following costs. Classify each cost as either a product or period cost. If a product cost, classify it as direct materials, direct labor, or factory overhead. If a...

Answered: 1 week ago

Question

★★★★★

Try to determine the required rate of return on king farm corporation's common stock. The firm's beta is 1.82. The rate on a 10-year Treasury bond is 3.63 percent, and the market risk premium is 6.53...

Answered: 1 week ago

Question

★★★★★

help!!!! Financial Statements Wilhelm Kohl started a business in May 20-- called Kohl's Home Repair The trial balance and analysis of the change in owner's equity for the month of May are shown....

Answered: 1 week ago

Question

★★★★★

1/ Paula, a former actress, spends all her income attending plays and movies and likes plays exactly three times as much as she likes movies. Draw her indifference map. Paula has $120/wk budget for...

Answered: 1 week ago

Previous Question Next Question