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PLEASE ANSWER ALL OF THIS QUESTION ASAP!!! Gugma Corporation registered total sales of P350,000 and total fixed expense of P43,000. It had a contribution margin
PLEASE ANSWER ALL OF THIS QUESTION ASAP!!!
Gugma Corporation registered total sales of P350,000 and total fixed expense of P43,000. It had a contribution margin ratio of 35%. It had P530,000 average operating assets for the given year. Determine the following: 1. Compute for the return on investment for the period. = 2. Compute for the revised return on investment assuming fixed expense decreased by P5,075 and average operating assets decreased by P32,500. = For both requirements, follow the format: xx.xx% as in 12.50% or 12.00%Step by Step Solution
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