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NEW QUESTION: 1
Identify the correct formula for Return on Investment (ROI).
A. ROI = ((Expected Returns - Cost of Investment) / Cost of Investment) * 100
B. ROI = (Expected Returns − Cost of Investment) / Cost of Investment
C. ROI = ((Expected Returns + Cost of Investment) / Cost of Investment) * 100
D. ROI = (Expected Returns + Cost of Investment) / Cost of Investment
Answer: B
Explanation:
Explanation/Reference:
Reference: http://www.investopedia.com/terms/r/returnoninvestment.asp

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