WebView the full answer. Transcribed image text: 17 Simile Inc. has a total annual cash requirement of P9,075,000 which are to be paid uniformly. Simile has the opportunity to … WebApr 27, 2024 · Sakitawak Development Corporation\u0027s CEO says he has been focusing on businesses that improve life in the north. Earlier this month, the National Aboriginal Capital Corporations Association (NACCA) announced that Sakitawak Development has won this year’s Indigenous Community Owned Business Award of …
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WebDuring May 2024, Marsman Corporation was organized with 3,000,000 authorized shares for P10 par value ordinary shares, and 300,000 of its ordinary shares were issued for P3,300,000. ... In February, Marsman reacquired 30,000 of its ordinary shares for P9 per share. The company uses the cost method to account for treasury shares. WebCorporate income tax (P3,000,000 x 30%) P900,000 Note: The land sold is a capital asset. Hence, not subject to corporate income tax but for fnal tax of 6% based on sales price or zonal value, whichever is higher. Problem 12 – 6 B Gross income within P2,800,000 Less: Deductions within 1,300,000 Net taxable income P1,500,000 platine interphone hager
[Solved] Problem #13 Share Issuances for Cash and Non-Cash ...
WebRSDV Corporation, a domestic corporation, owns twenty percent (20%) of the outstanding shares of UK Corporation, a non-resident foreign corporation (NRFC), since August 1, 2015. On May 1, 2024, it received dividends amounting to P1,000,000 from the said NRFC. On September 1, 2024, RSDV Corporation utilized P800,000 for its dividend payments. WebShare Issuances for Cash and Non-Cash Considerations On Jan. 1, 2024, the following accounts and their balances appeared in the ledger of Fuentes Corporation: Preference P9 Shares, P100 par, 10,000 shares authorized, 5,000 shared issued P500,000 Share Premium - Preference 80,000 Web{"jsonapi":{"version":"1.0","meta":{"links":{"self":{"href":"http:\/\/jsonapi.org\/format\/1.0\/"}}}},"data":{"type":"node--article","id":"0a8b19d6-144f-490a-901e ... priestlands prom 2022