Question
VIYLine OPC's sales last year were P615,000 and its net income was P45,800. It has P465,000 in assets financed only in common equity. Required: Find
VIYLine OPC's sales last year were P615,000 and its net income was P45,800. It has P465,000 in assets financed only in common equity.
Required: Find the profit margin needed to achieve a 14.50 percent Return on Equity. Kindly use four decimals in computing and express the answer in percentage.
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Auditing And GRC Automation In SAP
Authors: Maxim Chuprunov
1st Edition
3642353010, 9783642353017
