When using the income statement approach to opportunity assessment, return on investment (ROI) is calculated by __________.
A) multiplying market potential by estimated retail market share
B) dividing the initial investment required to start the business by the projected net income
C) subtracting the initial investment required to start the business from the projected net income
D) multiplying the cost of goods sold by projected expenses and then subtracting the initial investment
E) None of the answers apply.
Correct Answer:
Verified
Q50: In order to gain the financing needed
Q51: The purpose of calculating the potential return
Q52: When using the income statement approach to
Q53: When using the income statement approach to
Q54: When using the income statement approach to
Q56: As discussed in the text, when calculating
Q57: When determining market share using the income
Q58: When determining market share using the income
Q59: The market analysis approach to opportunity assessment
Q60: The market analysis approach to opportunity assessment
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