Slosh Cleaning Corporation services both residential and commercial customers. Slosh expects the following operating results next year for each type of customer:

ResidentialCommercialSalesP60,000P140,000Contribution margin ratio50%30%

Slosh expects to have P50,000 in fixed expenses next year. What would Slosh's peso sales revenues from Commercial customers have to be next year in order to generate a profit of P166,000?

Number 2.

The times interest earned ratio of McHugh Company is 4.5. The interest expense for the year was P20,000, and the company's tax rate is 30%. The company's net income is:

Group of answer choices

P49,000

P54,000

P22,000

P66,000

P42,000