Identify the below missing figures (A,B,C,D,E). Annual Income TAX RATE P250,000 and below 0% Above P250,000 to P400,000 A Above P400,000 to P800,000 B C P130,000 + 30% of excess over P800,000 D P490,000 + 32% of excess over P2,000,000 Above P400,000 to P800,000 E .

Identify the below missing figures (A,B,C,D,E). Annual Income TAX RATE P250,000 and below 0% Above P250,000 to P400,000 A Above P400,000 to P800,000 B C P130,000 + 30% of excess over P800,000 D P490,000 + 32% of excess over P2,000,000 Above P400,000 to P800,000 E .

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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Question

1. Identify the below missing figures (A,B,C,D,E).

Annual Income	TAX RATE
P250,000 and below	0%
Above P250,000 to P400,000	A
Above P400,000 to P800,000	B
C	P130,000 + 30% of excess over P800,000
D	P490,000 + 32% of excess over P2,000,000
Above P400,000 to P800,000	E

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