2. Ronald and Dhez of Casa Astorga's Real Estate Brokers sold a house and lot for Php47,500,000. The commission was 5% of the sale price. Ronald receives 30% of the commission while Dhez receives the remainder. Calculate the commission that Dhez received.
2. Ronald and Dhez of Casa Astorga's Real Estate Brokers sold a house and lot for Php47,500,000. The commission was 5% of the sale price. Ronald receives 30% of the commission while Dhez receives the remainder. Calculate the commission that Dhez received.
SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter12: Corporations: Organization, Capital Structure, And Operating Rules
Section: Chapter Questions
Problem 3BCRQ
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2. Ronald and Dhez of Casa Astorga's Real Estate Brokers sold a house and lot for Php47,500,000. The commission was 5% of the sale price. Ronald receives 30% of the commission while Dhez receives the remainder. Calculate the commission that Dhez received.
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