I want a 30% ROI or better on the estimates or else the project is...

50.1K

Verified Solution

Question

Accounting

I want a 30% ROI or better on the estimates or else the project is a flop. Show me a business case then we'll go with your idea. The numbers are as follows:

Projected Benefits = $30 per product sold

Products Produced = 1,750

Products Sold = 1,400

Total Costs = $29,000

What is the ROI and should we continue with the project? Please show work.

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