Post Utme Rhema University 2020 Commerce Question 23

Practice objective / multiple choice question 23 from the 2020 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2020 Commerce Objective / Multiple Choice
Question 23 POST_UTME_RHEMA_UNIVERSITY • 2020 • COMMERCE • objective

A company is considering launching a new advertising campaign to promote its product. The company has estimated that the campaign will cost ₦1,000,000 and is expected to generate an additional ₦2,000,000 in revenue. What is the expected return on investment (ROI) for the company?

Answer Options

A. 100%
Correct Answer B. 200%
C. 300%
D. 400%
Correct Answer
B
Correct Option:
200%

About This Question

This is Post Utme Rhema University 2020 Commerce Question 23. It is one of the objective questions from the 2020 Post Utme Rhema University Commerce examination.

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