Ms. Dika Kayaten has a 2 hectare agricultural land located in a province with a fair market value of ₱5 million. However, half of which is unutilized. The possible maximum ad valorem tax on idle land that will be paid by Ms. Kayaten would be? a. ₱400,000.00 b. ₱500,000.00 c. ₱250,000.00 d. ₱125,000.00 e. ₱300,000.00

Ms. Dika Kayaten has a 2 hectare agricultural land located in a province with a fair market value of ₱5 million. However, half of which is unutilized. The possible maximum ad valorem tax on idle land that will be paid by Ms. Kayaten would be? a. ₱400,000.00 b. ₱500,000.00 c. ₱250,000.00 d. ₱125,000.00 e. ₱300,000.00

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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