Managerial Accounting
Managerial Accounting
17th Edition
ISBN: 9781260247787
Author: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
Publisher: RENT MCG
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Chapter 11, Problem 9F15

The Return on investment (ROI) can be used to measure the performance of various investments Based on this performance the project viability is seen. The ROI helps to evaluate the efficiency of an investment. It refers to the gain or loss generated on an investment. It is typically the percentage of gain / loss on an investment. Investment related decisions are usually based on ROI.

To determine

The ROI earned by the company

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