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Question 1 Please refer to page 304 of the book to answer this question. Calculate Return on Investment (ROI) based on the information given
Question 1 Please refer to page 304 of the book to answer this question. Calculate Return on Investment (ROI) based on the information given below. Revenue from the sale of a product = $50 Cost of the product (paid by a retailer to the product supplier) = $40 Cost of click (paid to Google) = $1.50 Hint: ROI (Profit - Advertising cost)/Advertising cost Profit= (Revenue - Cost of the product)- Cost of click = 30% 450.66% 21.25% 566.67% 0/2 pts Question 1 Please refer to page 304 of the book to answer this question. Calculate Return on Investment (ROI) based on the information given below. Revenue from the sale of a product = $50 Cost of the product (paid by a retailer to the product supplier) = $40 Cost of click (paid to Google) = $1.50 Hint: ROI (Profit - Advertising cost)/Advertising cost Profit= (Revenue - Cost of the product)- Cost of click = 30% 450.66% 21.25% 566.67% 0/2 pts
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