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Problem 4: (ROI and RI) Camarines Company has two investment centers and has developed the following information. Camarines Company expects a minimum return on operating
Problem 4: (ROI and RI) Camarines Company has two investment centers and has developed the following information. Camarines Company expects a minimum return on operating assets of 10%. North Department South Department Net operating income P 240,000 P 96,000 Average operating assets P 2,400,000 P 800,000 Sales P 1,600,000 P 500,000
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