Answered: Preston invested P450,000 with 12%…

Preston invested P450,000 with 12% return in a machine shop and 10% return in a computer shop. His annual income from his investments is P50, 000. How much did he invest in the computer shop?

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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