2. A Canadian online warehouse offers low-cost home décor goods, selling exclusively through their Shopify website. They have decided to use Facebook and Instagram for their ad campaign. How much would their ROAS be if they spent 65% of their $27, 500 budgets, which resulted in annual sales of $116, 800?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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2. A Canadian online warehouse offers low-cost home décor goods, selling
exclusively through their Shopify website. They have decided to use
Facebook and listagram for their ad campaign. How much would their
ROAS be if they spent 65% of their $27, 500 budgets, which resulted in
annual sales of $116, 800?
Transcribed Image Text:2. A Canadian online warehouse offers low-cost home décor goods, selling exclusively through their Shopify website. They have decided to use Facebook and listagram for their ad campaign. How much would their ROAS be if they spent 65% of their $27, 500 budgets, which resulted in annual sales of $116, 800?
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