Compute the return on investment (ROI) for X Company.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
X Company, a division of a major oil company, provides various services to the operators of oil fields in the Middle East. Data concerning the most recent year appear below:
• Sales- P18,000,000
• Net operating ratio- 30%
• Average Operating assets- P36,000,000
Compute the
choices:
• None of the above
• 20%
• 25%
• 15%
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