Emmanuel has opened an online t-shirt shop: Es Tees. He sells every t-shirt for $5;...
80.2K
Verified Solution
Link Copied!
Question
Accounting
Emmanuel has opened an online t-shirt shop: Es Tees. He sells every t-shirt for $5; it costs him $2 to buy the t-shirt from a wholesaler. Emmanuel spends $15 to run Facebook ads for a week. His profit for that week was $12. What is his ROI and the correct mathematical formula?
Group of answer choices
80% / ($12/$15) x 100
800% / ($12/15) x 1000
8% / (12/$15) x 10
None of these are correct
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
