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How return on investment is calculated in this table?

How return on investment is calculated in this table?

Essentials Of Investments
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
Section: Chapter Questions
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How return on investment is calculated in this table?
VE SAVINGS Number of VE Studies Cost of VE Studies Plus Administrative Costs Estimated Construction Cost of Projects Studied Total No. of Recommendations Total Value of Recommendations No. of Approved Recommendations Value of Approved Recommendations Return on Investment FY 2003 344 8.45 Mil 19,241 Mil 2144 3,163 Mil 914 1,016 Mil 120:1 FY 2002 377 $9.02 Mil. 2344 $20,607 Mil. $18,882 Mil. $16,240 Mil. 969 FY 2001 378 $7.29 Mil. $3,050 Mil. $2,375 Mil. $1,043 Mil. 116:1 2,013 1017 $865 Mil. FY 2000 388 $7.78 Mil. 119:1 2,017 $3,483 Mil. 1057 $1,128 Mil. 145:1
Transcribed Image Text:VE SAVINGS Number of VE Studies Cost of VE Studies Plus Administrative Costs Estimated Construction Cost of Projects Studied Total No. of Recommendations Total Value of Recommendations No. of Approved Recommendations Value of Approved Recommendations Return on Investment FY 2003 344 8.45 Mil 19,241 Mil 2144 3,163 Mil 914 1,016 Mil 120:1 FY 2002 377 $9.02 Mil. 2344 $20,607 Mil. $18,882 Mil. $16,240 Mil. 969 FY 2001 378 $7.29 Mil. $3,050 Mil. $2,375 Mil. $1,043 Mil. 116:1 2,013 1017 $865 Mil. FY 2000 388 $7.78 Mil. 119:1 2,017 $3,483 Mil. 1057 $1,128 Mil. 145:1
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