In calculating return on marketing investment (ROMI) , gross margin represents
A) the difference between price and cost.
B) the amount of money spent on marketing activities during a specific time.
C) the difference between sales and expenses.
D) the amount of money generated for each $1 of marketing expense.
E) the number of times an ad is run multiplied by the cost of running the ad.
Correct Answer:
Verified
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