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Under an incentive compensation plan, the general manager of Rolline is entitled to a year-end bonus of 10%. The net income for 2022 of Rolline
Under an incentive compensation plan, the general manager of Rolline is entitled to a year-end bonus of 10%. The net income for 2022 of Rolline before any deduction for bonus and income tax amounted to P2,200,000. The prevailing income tax rate is 30%. How much is the bonus of the general manager if the bonus is based on net income after deducting both bonus and tax? 134.925 165,591 158.763 143.925
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