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airielwilson airielwilson
  • 14-01-2016
  • Business
Answered

A company made a profit of $75,000 over a period of 6 years on an initial investment of $15,000. What is its annualized ROI?

Verified Answer :

taskmasters
taskmasters taskmasters
  • 15-01-2016

Return on  Investment = 83% or 0.83

total Profit = 75000
term = 6 yrs
annual profit = 75000 / 6 = 12500
initial investment = 15000

ROI = Net  Profit / Total Asset
       = 12500 / 15000
       = 0.83  or  83% (0.83 x 100%)

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7yc9davjpy
7yc9davjpy 7yc9davjpy
  • 08-03-2021

Answer:

Return on  Investment = 83% or 0.83

Explanation:

Now plzz help me with my questions

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