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A business invests $300,000 in project that generates $45,000 in net income annually. What is the ROI?

A business invests $300,000 in project that generates $45,000 in net income annually. What is the ROI?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A business invests $300,000 in project that generates $45,000 in net income annually. What is the ROI?
Transcribed Image Text:A business invests $300,000 in project that generates $45,000 in net income annually. What is the ROI?
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