shawnyboy8608 shawnyboy8608
  • 03-07-2021
  • Business
contestada

Calculate the return on investment for an advertisement from the given data. Net sales is $1,000, and advertising cost is $50.

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Zviko
Zviko Zviko
  • 04-07-2021

Answer:

2,000 %

Explanation:

Return on investment for an advertisement = Sales / Advertisement Cost x 100

therefore,

Return on investment for an advertisement = $1,000 / $50 x 100

                                                                        = 2000 %

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