Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 14, 2024

Pls help me answer this taxation problem in Philippines. Thank you 24. The following are the gross royalty income of a resident citizen for the

Pls help me answer this taxation problem in Philippines. Thank you
24. The following are the gross royalty income of a resident citizen for the period: Royalty income as author P100,000 Royalty income from franchising 200,000 Royalty income from gold mine 500,000 The total final tax on royalty income is? * (1 Point) A. P 80,000 B. P100,000 C. P130,000 D. P150,000

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

Investment Science

Authors: David G. Luenberger

2nd Edition

0199740089, 978-0199740086

Students also viewed these Finance questions

Question

1. Ask families to talk about and show how they use the skills their children are learning in their jobs, hobbies, or community involvement projects.

Answered: 1 week ago

Question

★★★★★

Journalize the following transactions that occurred in January 2018 for Sylvia's Amusements. No explanations are needed. Identify each accounts payable and accounts receivable with the vendor or...

Answered: 1 week ago

Question

★★★★★

Profit margins and turnover ratios vary from one industry to another. What differences would you expect to find between a grocery chain such as Safeway and steel company? Think particularly about the...

Answered: 1 week ago

Question

★★★★★

Rickman et al. conducted a study of changes in triglyceride levels of subjects following the Stillman diet. The diet consists primarily of protein and animal fats, restricting carbohydrate intake....

Answered: 1 week ago

Question

★★★★★

5. Wabasha Co. has two service departments (A and B) and two producing departments (X and Y). Data provided are as follows: Service Depts. Operating Depts. A B X Y Direct costs $150 $300 Services...

Answered: 1 week ago

Question

★★★★★

4.Find the network Id, broadcast id and the binary conversion of the following IPs. i.20. 210. 47. 225/13 ii.220. 20. 17. 5/27 iii.10. 10. 7. 17/19 iv. 192. 12. 8. 1/18 v.172. 1. 4. 5/20

Answered: 1 week ago

Question

★★★★★

[7] Draw the phase diagram of water and indicate the supercritical fluid region. 5 points

Answered: 1 week ago

Question

★★★★★

When performing an integrated audit for a public company subject to PCAOB standards, the audit team identified the following situation: Control: All expenditures are reviewed by AP personnel to...

Answered: 1 week ago

Question

★★★★★

Mr. Webb's class is measuring the length of small objects using a classroom set of rulers. One student's measurements are consistently 1 8 8 1 inch smaller than all of the other students'...

Answered: 1 week ago

Previous Question Next Question