Lampent Lightings Company recorded for the past year sales of P522,500 and average operating assets of P250,000. The margin that Lampent needed to earn in order to achieve an ROI of 12.75% is %. Round-off final answer to 2 decimal places. For uniformity of answers, use 5 decimal places for interim calculations.

Lampent Lightings Company recorded for the past year sales of P522,500 and average operating assets of P250,000. The margin that Lampent needed to earn in order to achieve an ROI of 12.75% is %. Round-off final answer to 2 decimal places. For uniformity of answers, use 5 decimal places for interim calculations.

Name: Lampent Lightings Company recorded for the past year sales of P522,50
Uploaded: 2024-03-20T06:32:37.000Z
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Description: Lampent Lightings Company recorded for the past year sales of P522,500 andaverage operating assets of P250,000. The margin that Lampent needed to earn inorder to achieve an ROI of 12.75% is%.Round-off final answer to 2 decimal places.For uniformity

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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