Lock Inc. has collected the following data concerning one of its products:


Unit sales price $145
Total sales 15,000 units
Unit cost $115
Total investment $1,800,000

The ROI percentage is:

a) 30%.

b) 20%.

c) 35%.

d) 25%.

d) 25%

Business

You might also like to view...

A project consists of four activities with information as shown in the table. What is the overall standard deviation of the project?

Activity Predecessor Length Standard Deviation A -- 10 2 B A 12 1 C B 16 2 D C 14 3 A) 8.00 B) 4.24 C) 2.82 D) 5.56

Business

A firm's existing, older information system is called a "legacy system."

Indicate whether the statement is true or false

Business