XYZ Company has the following data: Total Operating Expenses of Php 175,000.00, Cost of Sales of 47%
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XYZ Company has the following data: Total Operating Expenses of Php 175,000.00, Cost of Sales of 47% on which the Sales amount is Php 875,000.00. Tax is 20%. Question: How much is the Net Income Before Tax? Show your computation.
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