q5

When calculating Return on Investment (ROI) we take the benefit/cost 100. Or as we reviewed in class: ROI= (average annual profit/total investment) 100. So, if I invest in Fall protection for my company at a cost of $10,000, and for the purposes of calculation, you determine if it saves that company 10% of it's fallrelated WC claims annually, the annual benefit would be around $3,000 annually, what would you project your ROI to be? (one best answer) 30% 10% $3,000 I don't need to calculate the ROI, because it is required by law