Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A French company started operations in Oman in 2015. Since from that time they have made a good image of the company. The company is
A French company started operations in Oman in 2015. Since from that time they have made a good image of the company. The company is interested to know the return on investment based on the information given; sales RO 80000, cost RO 50000, investment RO 300000 and average profit is RO 40000. So, the ROI is _________.
a. 10.00%
b. 16.66%
c. 23.33%
d. 13.33%
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started