Ask Question
21 May, 21:16

Rebecca gollanek makes and sells wooden cooling racks for cakes, cookies, and bread for $22.50 each. she has invested $4,300 in the venture and made $2,200 in net profit. calculate her return on investment.

+3
Answers (1)
  1. 21 May, 21:33
    0
    To find the ROI, the net profit is divided by the amount originally invested and expressed as a percentage. In this case, the values would be (2200 / 4300), which gives 0.51162. which will be translated to a percentage of 51.16%. Rebecca has earned a 51.16% return on her $4,300 investment.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Rebecca gollanek makes and sells wooden cooling racks for cakes, cookies, and bread for $22.50 each. she has invested $4,300 in the venture ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers