A Return on Investment (ROI) (3 points) ROI is a performance measure used to evaluate...

50.1K

Verified Solution

Question

Accounting

A Return on Investment (ROI) (3 points) ROI is a performance measure used to evaluate the efficiency of an investment (or to compare the efficiency of a number of different investments) and is the ratio or percentage of money gained or lost relative to the amount of money invested. To calculate ROI, the benefit (return) of an investment is divided by the cost of the investment.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students