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Is this the correct way to calculate ROI? Are there better formulas available or does this cover the important details? If there is/are a better

Is this the correct way to calculate ROI? Are there better formulas available or does this cover the important details? If there is/are a better formula, please describe it/them. Provide definitions for each of the variables in the first-year ROI formula (variables A, B, C, D, and E).

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