Return On Investment (ROI) - Business concept of the day
Finance & Accounting
338 week ago — 1 min read
Definition: Return On Investment (ROI) is a performance measure, used to evaluate the efficiency of an investment or compare the efficiency of a number of different investments.
Formula: ROI Formula - ROI = (Net Profit / Cost of Investment) x 100
Business insight: Calculating the efficiency of your investments can help you allocate resources more systematically to promote growth.
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