You are the college dean. Assuming that the Net Cash Inflow of 12 Million (after 6% taxes) is forecasted as 6.3 Million per annum for 2 years. 

What should be your initial decision be about your proposal for a laboratory?

 

Beginning Asset Ending Asset Average Total Assets Net Sales Asset Turnover Ratio Current Asset of College X Php 5,600,000 Php 6,500,000 Php 6,050,000 Php 3,170,000 0.52 Current Asset of College Y Php 4,500,000 Php 7,000,050 Php 5,750,025 Php 4,500,625 0.78