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Philippines. Information on its dealerships is as follows

Volvo Group is a manufacturer of trucks, buses, construction equipment, and marine and industrial engines based in Gothenburg, Vasta Gotaland, Sweden. It has established dealership business units in the Philippines. Information on its dealerships is as follows: Sales Net Operating Income (NOI) Average Operating Assets (AOA) Return on Investment (ROO Minimum Required Return (MRR) Percentage Amount Residual Income Tota Metro Manila 16% Cebu Iloilo P P 280,000 14% 320,000 90,0000