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damages. Compute Carl's total return on capital. Problem 3-10 sued an unscrupulous person for derogatory remarks which he considered to Ca hesmirched his reputation. The court awarded him an indemnity of P1,000,000 ndusive of P200,000 reimbursement for Attorney's fees and P100,000 exemplary a. P1,000,000 b. Р800,000 c. P700,000 d. PO

damages. Compute Carl's total return on capital. Problem 3-10 sued an unscrupulous person for derogatory remarks which he considered to Ca hesmirched his reputation. The court awarded him an indemnity of P1,000,000 ndusive of P200,000 reimbursement for Attorney's fees and P100,000 exemplary a. P1,000,000 b. Р800,000 c. P700,000 d. PO

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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E lul 11:41 O 0 f 95.jpg Problem 3-10 Pru sued an unscrupulous person for derogatory remarks which he considered to Can hesmirched his reputation. The court awarded him an indemnity of P1,000,000 have ive of P200,000 reimbursement for Attorney's fees and P100,000 exemplary damages. Compute Carl's total return on capital. P1,000,000 b. P800,000 c. P700,000 d. PO Problem 3-11 Nathan sells hot chili-flavored pancakes using a secret formula he patented. He sued a competing pancake house for alleged patent infringement and claimed a total indemnity of P1,200,000: P1,000,000 for loss of profits from loss of sales P200,000 as Attorney's fee reimbursement If Nathan wins the case and is awarded the total indemnity, compute his total return of capital. a. P1,000,000 b. Р800,000 c. PO d. P 200,000 Con Problem 3-12 Johnson was one of the passengers of a van that fell off a ravine. Henson sued the bus company and was awarded an indemnity of P800,000 for the following: P500,000 for the impairment of his health resulting to the amputation of his legs P200,000 for his loss of salaries during his hospitalization P100,000 for his Attorney's fees a fe Compute Johnson's return on capital. reim P800,000 a. b. P300,000 c. P200,000 ste d d. PO Problem 3-13 Clyde received the following items during the year: P200,000 donation from a girlfriend P100,000 service fee from professional servicesw no P300,000 inheritance from his deceased father000,0025 o P100,000 income from illegal gambling P50,000 gain on sale of his personal car P250,000 profits from his bar restaurant a1-Emaldor ew bn m ted de ob fres! roce Compute the total income subject to income tax. c. P550,000 d. P500,000 a. P1,050,000 b. P750,000 inco 95 0000000•000 () II
Transcribed Image Text:E lul 11:41 O 0 f 95.jpg Problem 3-10 Pru sued an unscrupulous person for derogatory remarks which he considered to Can hesmirched his reputation. The court awarded him an indemnity of P1,000,000 have ive of P200,000 reimbursement for Attorney's fees and P100,000 exemplary damages. Compute Carl's total return on capital. P1,000,000 b. P800,000 c. P700,000 d. PO Problem 3-11 Nathan sells hot chili-flavored pancakes using a secret formula he patented. He sued a competing pancake house for alleged patent infringement and claimed a total indemnity of P1,200,000: P1,000,000 for loss of profits from loss of sales P200,000 as Attorney's fee reimbursement If Nathan wins the case and is awarded the total indemnity, compute his total return of capital. a. P1,000,000 b. Р800,000 c. PO d. P 200,000 Con Problem 3-12 Johnson was one of the passengers of a van that fell off a ravine. Henson sued the bus company and was awarded an indemnity of P800,000 for the following: P500,000 for the impairment of his health resulting to the amputation of his legs P200,000 for his loss of salaries during his hospitalization P100,000 for his Attorney's fees a fe Compute Johnson's return on capital. reim P800,000 a. b. P300,000 c. P200,000 ste d d. PO Problem 3-13 Clyde received the following items during the year: P200,000 donation from a girlfriend P100,000 service fee from professional servicesw no P300,000 inheritance from his deceased father000,0025 o P100,000 income from illegal gambling P50,000 gain on sale of his personal car P250,000 profits from his bar restaurant a1-Emaldor ew bn m ted de ob fres! roce Compute the total income subject to income tax. c. P550,000 d. P500,000 a. P1,050,000 b. P750,000 inco 95 0000000•000 () II
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