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Coco Melon, Inc. is planning to sell 20% of its business to ABC, Inc. Coco Melon would like to maintain an ROI of 25% over

Coco Melon, Inc. is planning to sell 20% of its business to ABC, Inc. Coco Melon would like to maintain an ROI of 25% over its Cost of Investment. Based on the recent Balance Sheet, Book Value of the Invested Capital is at Php200,000.00. What will be the minimum price that will be accepted by Coco Melon?

a. Php 50,000.00

b. Php 40,000.00

c. Php 25,000.00

d. Php 20,000.00

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