Let’s see after your graduation, you will be offered an engineering job with a large company that has offices in Davao City and Cagayan del Oro City. The salary is P35,000 per month at either location. But for the sake of computation, Davao City income tax is 6% and Cagayan del Oro is 3.07%. If you accept the position in Cagayan del Oro and stay with the company for 10 years, what is the FW of the tax savings? (Your personal MARR is 10% per year.)
Let’s see after your graduation, you will be offered an engineering job with a large company that has offices in Davao City and Cagayan del Oro City. The salary is P35,000 per month at either location. But for the sake of computation, Davao City income tax is 6% and Cagayan del Oro is 3.07%. If you accept the position in Cagayan del Oro and stay with the company for 10 years, what is the FW of the tax savings? (Your personal MARR is 10% per year.)
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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- Let’s see after your graduation, you will be offered an engineering job with a large company that has offices in Davao City and Cagayan del Oro City. The salary is P35,000 per month at either location. But for the sake of computation, Davao City income tax is 6% and Cagayan del Oro is 3.07%. If you accept the position in Cagayan del Oro and stay with the company for 10 years, what is the FW of the tax savings? (Your personal MARR is 10% per year.)
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