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Ormand Organic Grocery has invested in a yogurt stand for its store. The investment cost the company $100,000. Variable materials, preparation, and marketing costs are

Ormand Organic Grocery has invested in a yogurt stand for its store. The investment cost the company $100,000. Variable materials, preparation, and marketing costs are expected to be $1.05 per unit and fixed costs are estimated at $6,900 a year. If actual sales were 20,900 servings, what would the ROI be using the sales price of $2.15?

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  • 31.54%

  • 22.99%

  • 16.09%

  • 38.04%

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