Rebecca Gollanek makes and sells wooden cooling racks for cakes,cookies,and bread for $22.50 each.She has invested $4,300 in the venture and made $2,200 in net profit.Calculate her return on investment.

Name: Rebecca Gollanek makes and sells wooden cooling racks for cakes,cookies,and bread for $22.50 each.She has invested $4,300 in the venture and made $2,200 in net profit.Calculate her return on investment.
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Question

Quizplus · Accepted Answer

ROI = [Net income ÷ Investment] × 100 = [$2,200 ÷ $4,300] × 100 = 51.2 percent.

Rebecca Gollanek Makes and Sells Wooden Cooling Racks for Cakes,cookies,and