Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Mar 23, 2024

You have a product that costs $100.00 to produce, and sells for $200.00. You sell 6 of these products as a result of advertising them

You have a product that costs $100.00 to produce, and sells for $200.00. You sell 6 of these products as a result of advertising them on TV. Your total sales are $1,200.00, and your TV ad costs $200.00.

What is your ROI?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Absolutely Return on Investment ROI is a metric used to evaluate the efficiency or profitability of ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Entrepreneurship Successfully Launching New Ventures

Authors: Bruce R. Barringer, R. Duane Ireland

4th Edition

0132555522, 978-0132555524

More Books

Students also viewed these Accounting questions

Question

★★★★★

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Answered: 1 week ago

Question

★★★★★

respond to the instruction using the following criteria: Individual Written Case Exercise Respond to the specific questions provide in the case document it will be seven documents. Please make sure...

Answered: 1 week ago

Question

★★★★★

Read the case study and answer the question below with a one page response. What does a SWOT analysis reveal about the overall attractiveness of Under Armours situation? Founded in 1996 by former...

Answered: 1 week ago

Question

★★★★★

Big bang Pty (Ltd) is a company which is involved in sale of manufacturing goods. The company had the following income and expenses for the year of assessment: R15 000 for the collection of debts...

Answered: 1 week ago

Question

★★★★★

Using the Comprehensive Annual Financial Report obtained for Exercise 1-1. answer the following questions. a. Compare the items discussed in the MD&A in your CAFR with the list of items in this...

Answered: 1 week ago

Question

★★★★★

Introduce a working definition which reflects the general nature of leadership? L01

Answered: 1 week ago

Question

★★★★★

Define forensic psychology.

Answered: 1 week ago

Question

★★★★★

Orbital Communications has operating plants in over 100 countries. It also keeps funds for transactions purposes in many foreign countries. Assume in 2010 it held 150,000 kronas in Norway worth...

Answered: 1 week ago

Question

★★★★★

Show that if the market is arbitrage-free and P(ST > K) > 0, then Co > 0 and P, > Ke-r1 - So. Show that if the market is arbitrage-free and P(ST > K) > 0, then Co > 0 and P, > Ke-r1 - So

Answered: 1 week ago

Question

★★★★★

Selected financial data for Amberjack Corporation follows. Year 1 ($ thousands). 342,297 268, 276 (174,129) (61,247) Sales Cost of goods sold Net income Cash flow from operations Cash Marketable...

Answered: 1 week ago

Question

★★★★★

Activity 3 Consider a contractionary monetary policy. Conduct a comprehensive analysis and provide the impacts on Prices, real interest rate and Y, Consumption, Investment in the short run and long...

Answered: 1 week ago

Question

★★★★★

(b) (i) A circuit has a voltage v(t) = vocos (wt) applied to it and draws a current: i(t) = iocos (wt +) where is the constant phase difference between the voltage and current waveforms and all other...

Answered: 1 week ago

Question

★★★★★

The partnership of Waterway, Wildhorse, and Sheffield engaged you to adjust its accounting records and convert them uniformly to the accrual basis in anticipation of admitting Kerns as a new partner....

Answered: 1 week ago

Question

★★★★★

[The following information applles to the questions displayed below.] Diana and Ryan Workman were married on January 1 of last yeat, Ryan has an eight-year-old son, Jorge, from his previous marriage....

Answered: 1 week ago

Question

★★★★★

Write Section 1 of the DAA. Provide context for the Caffeine, Exercise, and Heart Rate Dataset. Include a definition of the specified variables, including factors, levels of each factor, and the...

Answered: 1 week ago

Question

★★★★★

INDIVIDUAL TAX RETURN PROBLEM 2Required: Use the following information to complete Johnelle and Latoya Henry's 2016federal income tax return. If information is missing, use reasonable assumptions to...

Answered: 1 week ago

Question

★★★★★

Bioomnieid Bakers accounts for its investment in Clor Confectionary under the equity method, Bloomfleid catrled the Cloc investment at $150.000 and 5165,000 at December 31, 2020, and December 31,...

Answered: 1 week ago

Question

★★★★★

In Exercises discuss the continuity of each function. f(x) -3 1 x - 4 y 3 2 -1 -2 -3+ 3 X

Answered: 1 week ago

Question

★★★★★

What are some of the aspects of franchising that make it subject to ethical abuses? What steps can a prospective franchisee take to ensure that a specific franchisor is reliable and ethical?

Answered: 1 week ago

Question

★★★★★

Why do firms typically need partners to make their business models work?

Answered: 1 week ago

Question

★★★★★

Describe the most common sources of equity funding.

Answered: 1 week ago

Question

★★★★★

Consider the following events that change prices. For each one, say whether the opportunity cost of consuming the affected good increases or decreases.

Answered: 1 week ago

Question

★★★★★

You manage two employees at a pet salon. Your employees perform two tasks: giving flea baths and grooming animals. If you constructed a single production possibilities frontier for flea baths and...

Answered: 1 week ago

Question

★★★★★

Consider the following examples. For each one, say whether the incentive is positive or negative. a. Bosses who offer time-and-a-half for working on national holidays. b. Mandatory minimum sentencing...

Answered: 1 week ago

Previous Question Next Question