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The Alfa Division of Braixen Company makes and sells only one product. Annual data on the Alfa Division's single product follow: Unit selling price,

The Alfa Division of Braixen Company makes and sells only one product. Annual data on the Alfa Division's single product follow: Unit selling price, P120 Unit variable cost, P85 Total fixed costs, P200,000 Average operating assets, P750,000 Minimum required rate of return, 12% If Alfa sells 16,000 units per year, the RETURN ON INVESTMENT would be %.

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