What should be the unit selling price of its product to have a 20% return on investment?
What should be the unit selling price of its product to have a 20% return on investment?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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What should be the unit selling price of its product to have a 20% return on
investment?
Transcribed Image Text:Baguio Corporation has these selected data:
25,000
P500,000
Units to be sold
Total Cost of the units
Fixed Capital investment
Variable capital on sales
1,000,000
20%
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