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Kate Company reported the following information for 2020: Sales Cost of goods sold Operating expenses P5,000,000 3,500,000 550,000 200,000 20,000 Unrealized gain - FVOCI Cash
Kate Company reported the following information for 2020: Sales Cost of goods sold Operating expenses P5,000,000 3,500,000 550,000 200,000 20,000 Unrealized gain - FVOCI Cash dividends received on investment For 2020, Kate would report comprehensive income before tax of P970,000 P1,150,000 P200,000 P1,170,000
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Introduction To Management Accounting
Authors: Charles T. Horngren, Gary Sundum, Gary L. Sundem
8th Edition
0134870751, 978-0134870755
