Jordan is a traveler who likes to visit the different provinces in the Philippines. For this...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Jordan is a traveler who likes to visit the different provinces in the Philippines. For this month, he visited the province of Capiz. During his stay, he have the following transactions • bought airplane tickets from Manila to Capiz, P3,200 • Taxi fee from the airport to the hotel, P500 • 3 day and 2 night stay at the hotel, P 16,000 • bought fresh fish and seaweed from the wet market beside the sea, P450 Gave a local restaurant the seafood bought so that the former will cook it for Jordan's lunch, P135 Dance and partied at a disco club during the night and paid entrance fees, P300 After partying, bought a drink and some shots at a bar located in front of the club, P670 • Rented a car to drive around Capiz, P 700 Called his family located in Spain, P60 Based on the above transactions, how much is the total business taxes paid during Jordan's trip assuming the following: • All of the vendors are VAT-registered • All amounts are VAT exclusive 2,010.60 2,496.60 O 2,317,60 2,789.00 Jordan is a traveler who likes to visit the different provinces in the Philippines. For this month, he visited the province of Capiz. During his stay, he have the following transactions • bought airplane tickets from Manila to Capiz, P3,200 • Taxi fee from the airport to the hotel, P500 • 3 day and 2 night stay at the hotel, P 16,000 • bought fresh fish and seaweed from the wet market beside the sea, P450 Gave a local restaurant the seafood bought so that the former will cook it for Jordan's lunch, P135 Dance and partied at a disco club during the night and paid entrance fees, P300 After partying, bought a drink and some shots at a bar located in front of the club, P670 • Rented a car to drive around Capiz, P 700 Called his family located in Spain, P60 Based on the above transactions, how much is the total business taxes paid during Jordan's trip assuming the following: • All of the vendors are VAT-registered • All amounts are VAT exclusive 2,010.60 2,496.60 O 2,317,60 2,789.00
Expert Answer:
Answer rating: 100% (QA)
Answer C 231760 Explanation The total business taxes paid during Jordans tr... View the full answer
Related Book For
Macroeconomics
ISBN: 978-1319120054
3rd Canadian edition
Authors: Paul Krugman, Robin Wells , Iris Au , Jack Parkinson
Posted Date:
Students also viewed these accounting questions
-
A traveler at an airport takes an escalator up one floor, as in Figure P7.52. The moving staircase would itself carry him upward with vertical velocity component v between entry and exit points...
-
A grocery store purchases fresh fish every day from its supplier. It has ordered 100 pounds of fish each day, but the weight actually received varies from day to day with an average range of 6...
-
AB are two partners in a firm C is admitted for 1/3 shares of profit with a minimum guaranteed profit of Rs. 30,000 given by A and B in the ratio of 2:1. During 2013-14 the firm reported net profit...
-
The input file for this assignment is Weekly_Gas_Average.txt. The file contains the average gas price for each week of the year. Write a program that reads the gas prices from the file into an...
-
The following data are taken from the financial statements of Rainsberger Company. (a) Compute for each year (1) The accounts receivable turnover (2) The average collection period. At the end of...
-
Yang Company issued a $600,000, 4%, 10-year bond payable at face value on January 1, 2025. Interest is paid semiannually on January 1 and July 1. Requirements 1. Journalize the issuance of the bond...
-
Why is it generally a good idea to prune a full regression tree? a. A full regression tree is too large to visualize. b. A full regression tree typically overfits the training data and pruning the...
-
Maul, Inc., a calendar year S corporation, incurred the following items. Tax-exempt interest income ............. $ 7,000 Sales ....................... 140,000 Depreciation recapture income...
-
9. Consider an ideal diesel cycle with compression ratio 20 and cut-off ratio 4. The maximum volume is5L. The air is at a temperature of 18 Cand pressure of 110kPa before the iso entropic...
-
The fish department of the local grocery store faces unique problems. Fish is extremely perishable and can only be sold on the day it arrives in the store. Fish is delivered at 3 am and can be sold...
-
Given z = f(x,y), x= x(u, v), y = y(u, v), with a(4,3) = 3 and y(4,3) = 5, calculate z, (4,3) in terms of some of the values given in the table below. zu (4,3)= = f. (4,3) =cf,(4,3) = 3r (4,3)=...
-
Indicate whether each of the following statements is true or false by writing T or F in the answer column. Clergy cannot be charged with negligence.
-
Indicate whether each of the following statements is true or false by writing T or F in the answer column. An architect who designs a building that is later destroyed in a windstorm cannot be charged...
-
Indicate whether each of the following statements is true or false by writing T or F in the answer column. An insurance agent or broker can be charged with negligence for failing to recommend...
-
Indicate whether each of the following statements is true or false by writing T or F i n t he a nswer c olumn. The doctrine of comity holds that the courts of one country should refrain from deciding...
-
Draw a logic diagram using gates and flip-flops showing the circuit of one bus arbiter stage in the daisy-chain arbitration scheme of Fig. 13-10. Fig. 13-10 PI Highest priority Bus PO arbiter 1 PI...
-
Which option shows the assembly equivalent of the following Hex code? You can CLICK HERE to access the MIPS instruction set. 0X21290002 O Addi $t1, $t1,4 O Add $t1, $t1, $s2 O Add $s1, $s1, $s4 O...
-
1. Below is depicted a graph G constructed by joining two opposite vertices of C12. Some authors call this a "theta graph" because it resembles the Greek letter 0. a. What is the total degree of this...
-
In Canada, all provinces except Alberta have a minimum legal retail price for beer (a price floor). Part of the rationale for this policy is to discourage immoderate consumption of alcohol. Suppose...
-
In which of the following cases does the size of the government's debt and the size of the budget deficit indicate potential problems for the economy? a. The government's debt is relatively low, but...
-
From 2009 to 2014, Eastlandia experienced large fluctuations in both aggregate consumer spending and disposable income, but wealth, the interest rate, and expected future disposable income did not...
-
A veterinarian records the weights of cats treated at a clinic. The weights are normally distributed, with a mean of 9 pounds and a standard deviation of 2 pounds. Find the weight x corresponding to...
-
In a randomly selected sample of women ages 20 34, the mean total cholesterol level is 179 milligrams per deciliter with a standard deviation of 38.9 milligrams per deciliter. Assume the total...
-
0.8365 Use the Standard Normal Table or technology to find the z-score that corresponds to the cumulative area or percentile. Table 4-Standard Normal Distribution Arca Z 0 Z .09 .08 .07 .06 .05 .04...
Study smarter with the SolutionInn App