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- I-n-c-o-m-e- -t-a-x-a-t-i-o-n- -b-a-s-e-d- -i-n- -P-h-i-l-i-p-p-i-n-e- -L-a-w- A-n-s-w-e-r- -t-h-e- -a-t-t-a-c-h-e-d- -p-i-c-t-u-r-e-,- -p-l-e-a-s-e- -a-d-d- -s-o-l-u-t-i-o-n- -i-n- -e-v-e-r-y- -p-r-o-b-l-e-m- -a-l-s-o- -i-n-d-i-c-a-t-e- -t-h-e- -r-u-l-e- -o-r- -p-r-o-v-i-s-i-o-n-s- -o-f- -l-a-w- -u-n-d-e-r- -R-e-p-u-b-l-i-c- -A-c-t- -No. 8434M-a-k-e- -a- -u-n-d-e-r-s-t-a-n-d-i-n-g- -o-f- -a-l-l- -t-h-e- -t-o-p-i-c- -m-e-n-t-i-o-n-s- -b-e-l-o-w-,- -i-t- -s-h-o-u-l-d- -b-e- -u-p-d-a-t-e-d- -w-i-t-h- -T-R-A-I-N- -L-A-W- -A-N-D- -C-R-E-A-T-E- -L-A-W- -a-m-e-n-d-e-d-.- -N-o-t-e-:- -t--h-i-s- -i-s- -b-a-s-e- -o-n- -P-h-i-l-i-p-p-i-n-e- -I-n-c-o-m-e- -T-a-x-a-t-i-o-n- I-N-C-O-M-E- -T-A-X- -O-F- -C-O-R-P-O-R-A-T-I-O-N-S: C-o-n-c-e-p-t- -o-f- -C-o-r-p-o-r-a-t-i-o-n-s- C-l-a-s-s-i-f-i-c-a-t-i-o-n- -o-f- -C-o-r-p-o-r-a-t-e- -T-a-x-p-a-y-e-r-s- D-o-m-e-s-t-i-c- -c-o-r-p-o-r-a-t-i-o-n- F-o-r-e-i-g-n- -c-o-r-p-o-r-a-t-i-o-n-s- T-a-x---E-x-e-m-p-t- -C-o-r-p-o-r-a-t-i-o-n-s I-n-c-o-m-e- -T-a-x-e-s- -o-f- -C-o-r-p-o-r-a-t-i-o-n-s- T-h-e- -N-o-r-m-a-l- -C-o-r-p-o-r-a-t-e- -I-n-c-o-m-e- -T-a-x- M-i-n-i-m-u-m- -C-o-r-p-o-r-a-t-e- -I-n-c-o-m-e- -T-a-x- -(-M-C-I-T-)- C-a-p-i-t-a-l- -G-a-i-n-s- -T-a-x- P-a-s-s-i-v-e- -I-n-c-o-m-e- -T-a-x- S-p-e-c-i-a-l- -C-o-r-p-o-r-a-t-i-o-n-s-W-h-a-t- -c-a-n- -a- -s-t-u-d-e-n-t- -l-e-a-r-n- -f-r-o-m- -i-n-v-e-s-t-m-e-n-t- -p-l-a-n-n-i-n-g-?- W-h-a-t- -i-s- -t-h-e-i-r- -r-e-a-l-i-z-a-t-i-o-n- -a-b-o-u-t- -i-n-v-e-s-t-m-e-n-t- -p-l-a-n-n-i-n-g-?- H-o-w- -c-a-n- -t-h-e-y- -r-e-f-l-e-c-t- -o-n- -i-t-?- - W-h-a-t- -a-r-e- -t-h-e- -i-m-p-o-r-t-a-n-c-e- -o-f- -i-n-v-e-s-t-m-e-n-t- -p-l-a-n-n-i-n-g- -i-n- -g-e-n-e-r-a-l-?-
- M-A-K-E- -A- -R-E-P-O-R-T- -E-X-P-L-A-N-I-N-G- R-E-G-U-L-A-T-I-O-N-S- -O-F- -F-O-R-E-I-G-N- --E-XC-H-A-N-G-E- -O-P-E-R-A-T-I-O-N- -O-F- -T-H-E- -B-A-N-K-S- -I-N- -T-H-E- -P-H-I-L-I-P-P-I-N-E-S-E-X-P-L-A-I-N- -T-H-E- -R-E-G-U-L-A-T-I-O-N-S- -O-F- -F-O-R-E-I-G-N- -E-X-C-H-A-N-G-E- -O-P-E-R-A-T-I-O-N- -O-F- -T-H-E- -B-A-N-K-S- -I-N -T-H-E- -P-H-I-L-I-P-P-I-N-E-S- A-N-D- -G-I-V-E- -S-O-M-E- -E-X-A-M-P-L-E-S- -F-O-R- -M-E- -T-O- -U-N-D-E-R-S-T-A-N-D- -I-T- -M-O-R-E-D-e-s-c-r-i-b-e- -t-h-e- -f-r-e-e- -c-a-s-h- -f-l-o-w- -v-a-l-u-a-t-i-o-n- -m-o--d-e-l- -a-n-d- -e-x-p-l-a-i-n- -h-o-w- -i-t-- d-i-f-f-e-r-s- -f-r-o-m- -t-h--e -d-i-v-i-d-e-n-d- -v-a-l-u-a-t-i-o-n- -m-o-d-e-l-s--. -W--h-a-t- -i-s- --t-h-e- -a-p-p-e--a-l- -o-f- -t-h-i-s- -m-o-d-e-l-? M-a-k-e- -a- -r-e-f-l-e-c-i-v-e- -j-o-u-r-n-a-l- -a-b-o-u-t- -t-h-e- -t-o-p-i-c- -o-f- -m-a-n-a-g-i-n-g- -c-r-e-d-i-t- -c-a-r-d-s-,- -a-n-d- -m-a-n-a-g-i-n-g- -i-n-s-u-r-a-n-c-e- -n-e-e-d- -(-l-i-f-e-,- -h-e-a-l-t-h- -a-n-d- -p-r-o-p-e-r-t-y-)
- W-h-a-t- -c-a-n- -s-t-u-d-e-n-t-s- -l-e-a-r-n- -f-r-o-m- -i-n-v-e-s-t-i-n-g- -m-u-t-u-a-l- -f-u-n-d- -a-n-d- -r-e-a-l- -e-s-t-a-t-e-?W-h-a-t- -c-a-n- -t-h-e-y- -r-e-f-l-e-c-t- -f-r-o-m- -i-n-v-e-s-t-i-n-g- -m-u-t-u-a-l- -f-u-n-d- -a-n-d- -r-e-a-l- -e-s-t-a-t-e-?W-h-a-t- -a-r-e- -t-h-e- -t-h-i-n-g-s- -t-h-e-y- -c-a-n- -r-e-a-l-i-z-e- -f-r-o-m- -i-n-v-e-s-t-i-n-g- -m-u-t-u-a-l- -f-u-n-d- -a-n-d- -r-e-a-l- -e-s-t-a-t-e-?R-e-a-d- -a-l-l- -t-h-e- -i-n-f-o-r-m-a-t-i-o-n- -b-e-l-o-w- -a-n-d- -p-l-e-a-s-e- -h-e-l-p- -m-e- -m-a-k-e- -a- -s-c-i-p-t- -o-f- -h-o-w- -I- -g-o-n-n-a- -p-r-e-s-e-n-t- -i-t-.- -J-u-s-t- -u-s-e- -s-i-m-p-l-e- -e-n-g-l-i-s-h- -w-o-r-d-s-.- -I- -j-u-s-t- -n-e-e-d- -t-o- -p-r-o-p-e-r-l-y- -e-x-p-l-a-i-n-e-d- -i-t-. I-t- -a-n-s-w-e-r- -t-h-e- -q-u-e-s-t-i-o-n- -o-f- -W-h-e-r-e- -d-o- -y-o-u- -p-i-c-t-u-r-e- -t-h-e- -c-o-m-p-a-n-y- -i-n- -t-h-r-e-e- -y-e-a-r-s-,- -a-s-s-u-m-i-n-g- -t-h-e- -c-u-r-r-e-n-t- -t-r-a-j-e-c-t-o-r-y- -c-o-n-t-i-n-u-e-s-?- A-s-s-e-t-s-: Have continuously increased throughout the years, demonstrating the growth of its businesses and the solidity of its balance sheet. In 2020, the assets were at 100%. In 2021, the assets increased to 108.45% of the base. In 2022, the assets further increased to 135.05% of the base. T-h-i-s- -i-n-d-i-c-a-t-e-s- -a-n- -i-n-c-r-e-a-s-i-n-g- -t-r-e-n-d- -i-n- -t-h-e- -a-s-s-e-t-s- -o-f- -M-e-t-r-o- -B-a-n-k- -o-v-e-r- -t-h-e-…R-e-a-d- -a-l-l- -t-h-e- -i-n-f-o-r-m-a-t-i-o-n- -b-e-l-o-w- -a-n-d- -p-l-e-a-s-e- -h-e-l-p- -m-e- -m-a-k-e- -a- -s-c-i-p-t- -o-f- -h-o-w- -I- -g-o-n-n-a- -p-r-e-s-e-n-t- -i-t-.- -J-u-s-t- -u-s-e- -s-i-m-p-l-e- -e-n-g-l-i-s-h- -w-o-r-d-s-.- -I- -j-u-s-t- -n-e-e-d- -t-o- -p-r-o-p-e-r-l-y- -e-x-p-l-a-i-n-e-d- -i-t-. I-t- -a-n-s-w-e-r- -t-h-e- -q-u-e-s-t-i-o-n- -o-f- -W-h-e-r-e- -d-o- -y-o-u- -p-i-c-t-u-r-e- -t-h-e- -c-o-m-p-a-n-y- -i-n- -t-h-r-e-e- -y-e-a-r-s-,- -a-s-s-u-m-i-n-g- -t-h-e- -c-u-r-r-e-n-t- -t-r-a-j-e-c-t-o-r-y- -c-o-n-t-i-n-u-e-s-?- F-O-R-E-C-A-S-T- 2022: Interest income on loans and receivables: Approximately P25,000,000 Total operating income: Projected to increase gradually Total operating expenses: Estimated to increase, requiring effective cost management Net income: Projected to increase but subject to changes in revenue and expenses 2023-2025: Interest income on loans and receivables: Expected to show gradual growth Total operating income: Forecasted to…