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Question 5 ( 2 points ) LF ( Life is Fine ) is a company that produces smartphones. They are interested in launching a promotional

Question 5(2 points)
LF (Life is Fine) is a company that produces smartphones. They are interested in
launching a promotional campaign which will cost them $100,000. Their revenues
before the campaign were $400,000. After the campaign, they estimate their total
revenue will be $900,000. The margin for this campaign is estimated to be 40%.
Based on this information, what is the estimated ROMI for this promotional
campaign?
100%
200%
150%
55%
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