Question
If the corporations pays corporate income tax at the rate of 30% and it desires to earn after tax profit of P21,000 it must generate
If the corporations pays corporate income tax at the rate of 30% and it desires to earn after tax profit of P21,000 it must generate sales of
a. P325,000 or 13,000 units
b. 13,000 or 325,000 units
c. 12,040 units or P301,000
d. 16,375 units or P409,375
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475
