During the past twelve months, the XYZ Corporation had an operating income of P3,920,000. What is the return on investment if the amount of the investment is P28,000,000? 12% 14% 16%
During the past twelve months, the XYZ Corporation had an operating income of P3,920,000. What is the return on investment if the amount of the investment is P28,000,000? 12% 14% 16%
Chapter7: Stocks (equity) - Characterstics And Valuation
Section: Chapter Questions
Problem 19PROB
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