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Calculate the return on investment (ROI) for an investment of $20,000 that generated a profit of $4,000. Express the ROI as a percentage and interpret
Calculate the return on investment (ROI) for an investment of $20,000 that generated a profit of $4,000. Express the ROI as a percentage and interpret the result in terms of the profitability of the investment. Discuss factors that may influence ROI and strategies for maximizing returns.
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
25th edition
978-1285069609, 1285069609, 978-1133607601
