The Audino Division of Berg Company makes and sells only one product. Annual data on the Audino Division's single product follow: Unit selling price, ₱250 Unit variable cost, ₱200 Total fixed costs, ₱975,000 Average operating assets, ₱1,255,000 Minimum required rate of return, 15% If Audino sells 26,000 units per year, the return on investment (ROI) would be ________% Round-off final answer to 2 decimal places
The Audino Division of Berg Company makes and sells only one product. Annual data on the Audino Division's single product follow: Unit selling price, ₱250 Unit variable cost, ₱200 Total fixed costs, ₱975,000 Average operating assets, ₱1,255,000 Minimum required rate of return, 15% If Audino sells 26,000 units per year, the return on investment (ROI) would be ________% Round-off final answer to 2 decimal places
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The Audino Division of Berg Company makes and sells only one product. Annual data on the Audino Division's single product follow:
|
If Audino sells 26,000 units per year, the
Round-off final answer to 2 decimal places
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