Question 8 of 43 Fill in the blanks Imperial Inc., an entity organized under Philippine laws has the following cumulative data for the calendar year 2015, its first year of operation: Ist Qrt 2nd Qrt 3rd Ort 4th Ort Sales P260,000 P585,000 P975,000 P1,560,000 2,600 Dividend income from a Resident Corporation 5,200 7,800 10,400 65,000 Cost of sales 156,000 240,500 390,000 156.000 Business Expenses 338,000 533,000 949,000 Answer the following: 1. The normal income tax for the second quarter is 2. Taxable income tax at the end of the year is 3. Income tax due at the end of the year is

SWFT Corp Partner Estates Trusts
42nd Edition
ISBN:9780357161548
Author:Raabe
Publisher:Raabe
Chapter3: Corporations: Introduction And Operating Rules
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Question 8 of 43
Fill in the blanks
Imperial Inc., an entity organized under Philippine laws has the following cumulative data for the calendar year 2015, its first year of operation:
Ist Qrt
2nd Ort
3rd Ort
4th Ort
Sales
P260,000
P585,000
P975,000
P1,560,000
2,600
Dividend income from a Resident Corporation
5,200
7,800
10,400
Cost of sales
65,000
156.000 240,500
390.000
Business Expenses
156.000
338 000 533,000 949,000
Answer the following:
1. The normal income tax for the second quarter is
2 Taxable income tax at the end of the year is
3. Income tax due at the end of the year is
Note: Answers are in numerical from CO MA PEEC S ON and other characters are NOT REQUIRED.
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Transcribed Image Text:LINEATE ener Question 8 of 43 Fill in the blanks Imperial Inc., an entity organized under Philippine laws has the following cumulative data for the calendar year 2015, its first year of operation: Ist Qrt 2nd Ort 3rd Ort 4th Ort Sales P260,000 P585,000 P975,000 P1,560,000 2,600 Dividend income from a Resident Corporation 5,200 7,800 10,400 Cost of sales 65,000 156.000 240,500 390.000 Business Expenses 156.000 338 000 533,000 949,000 Answer the following: 1. The normal income tax for the second quarter is 2 Taxable income tax at the end of the year is 3. Income tax due at the end of the year is Note: Answers are in numerical from CO MA PEEC S ON and other characters are NOT REQUIRED. < Previous Shot on OnePlus Powered by Triple Camera
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