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NEED HELP ON HOMEWORK NO IDEA WHAT I NEED TO DO AND THIS IS ALL THE INFO I HAVE 2a. If a company increases advertising
NEED HELP ON HOMEWORK NO IDEA WHAT I NEED TO DO AND THIS IS ALL THE INFO I HAVE
2a. If a company increases advertising from $10M to $15M per year, by what percent would you forecast sales to increase? Please clearly show your calculation and logic. Assume that the product is a sports drink like Powerade.
AED= .025 prior
Increase=15-10/10=50
.025*50=12.5
2b. If a company has current sales of $100M, what is the ROI for the prior question?
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