Question
Ruzty Corporation purchased ratchets rotator one year ago for Php 6,500.During the year it generated Php 4,000 in cash flow.If Ruzty sells it, he could
Ruzty Corporation purchased ratchets rotator one year ago for Php 6,500.During the year it generated Php 4,000 in cash flow.If Ruzty sells it, he could receive Php 6,100 for it.What is ratchets rotator's rate of return?
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby, Brandy Mackintosh
4th Canadian edition
978-1259269868, 978-1259103292
