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

SWFT Individual Income Taxes
43rd Edition
ISBN:9780357391365
Author:YOUNG
Publisher:YOUNG
Chapter19: Deferred Compensation
Section: Chapter Questions
Problem 31P
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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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