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If the tax rate is 40% and a company has P400,000 of income, a depreciation deduction of P40,000 would result in a tax savings of
If the tax rate is 40% and a company has P400,000 of income, a depreciation deduction of P40,000 would result in a tax savings of a. P16,000 c. P30,000 b. P20,000 d. P33,000
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The Internet Supply Chain Impact On Accounting And Logistics
Authors: D. Chorafas
5th Edition
0333949633, 9780333949634
