Important Flashcards

1
Q

Net income / revenue

A

Profit margin

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2
Q

Current asset / current liabilities

A

Current ratio

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3
Q

Net income/ average asset

A

Return on total asset

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4
Q

Requires to pay to government

A

Income tax

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5
Q

Is the tax with held from income payments to individuals arising from an employer employee relationship .

A

Withholding tax

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6
Q

Tax collection company

A

BIR

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