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ch will she be investing annu

ch will she be investing annu

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Lenda earns P720,000.00 annually and is able to place 1/3 of this in savings. If she uses 50% of her savings to buy some stocks every year, how much will she be investing annually in stocks? Select one: O a. P320,000.00 b. No answer c. P360,000.00 d. P120,000.00 O e. P240,000.00
Transcribed Image Text:Lenda earns P720,000.00 annually and is able to place 1/3 of this in savings. If she uses 50% of her savings to buy some stocks every year, how much will she be investing annually in stocks? Select one: O a. P320,000.00 b. No answer c. P360,000.00 d. P120,000.00 O e. P240,000.00
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