Question

In: Finance

A company invested $147,160 in a product, and because of the product, the

A company invested $147,160 in a product, and because of the product, the company generated $10,322,706.00. What's the ROI in terms of dollars and percent?

Solutions

Expert Solution

Given:

Initial investment = $147,160

Return = $10,322,706

 

Calculations:

Return on investment in dollars = profit = return - initial investment

                                                          = 10,322,706 - 147,160

                                                         = $10,175,546

 

Return on investment in percentage = (profit / initial investment)*100

                                                                  = ( 10,175,546/147,160)*100

                                                                 = 69.1461403*100

                                                                 = 6914.61%

Return on investment in percentage 6914.61%.

Junaid answered 2 years ago
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