John Fillmore’s lifelong dream is to own his own fishing boat to use in his retirement. John has recently come into an inheritance of $400,000. He estimates that the boat he wants will cost $300,000 when he retires in 5 years Assuming annual compounding of amounts invested at 8%, how much of John Fillmore’s inheritance must be invested to have enough at retirement to buy the boat?

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Answer 1

The John Fillmore should invest $192,891.09 of his inheritance at 8% annual compounding to have enough to buy the boat in 5 years. He can use the remaining amount for other retirement expenses or investments.

To determine how much of John Fillmore's inheritance must be invested to have enough to buy the boat in 5 years, we can use the future value formula for a single cash flow:

FV = PV x (1 + r)^n

where FV is the future value, PV is the present value, r is the interest rate per compounding period, and n is the number of compounding periods.

In this case, PV is the amount of John's inheritance that needs to be invested, r is 8% (or 0.08) per year, n is 5 years, and FV is $300,000.

Substituting the values, we get:

$300,000 = PV x (1 + 0.08)^5

Solving for PV, we get:

PV = $300,000 / (1 + 0.08)^5

PV = $192,891.09

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Answer 2

To determine how much of John Fillmore’s inheritance must be invested to have enough at retirement to buy the boat, we can use the future value formula:

FV = PV x (1 + r)^n

where:

PV = present value (amount to be invested)

r = annual interest rate (8%)

n = number of years (5)

FV = future value needed for the boat ($300,000)

Rearranging the formula to solve for PV, we get:

PV = FV / (1 + r)^n

Substituting the values, we have:

PV = $300,000 / (1 + 0.08)^5

PV = $300,000 / 1.46933

PV = $204,370.02

Therefore, John Fillmore must invest approximately $204,370.02 of his inheritance to have enough at retirement to buy the boat.

To determine how much of John Fillmore’s inheritance must be invested to have enough at retirement to buy the boat, we can use the future value formula:

FV = PV x (1 + r)^n

where:

PV = present value (amount to be invested)

r = annual interest rate (8%)

n = number of years (5)

FV = future value needed for the boat ($300,000)

Rearranging the formula to solve for PV, we get:

PV = FV / (1 + r)^n

Substituting the values, we have:

PV = $300,000 / (1 + 0.08)^5

PV = $300,000 / 1.46933

PV = $204,370.02

Therefore, John Fillmore must invest approximately $204,370.02 of his inheritance to have enough at retirement to buy the boat.

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Related Questions

At the beginning of the year, Data, a C corporation, had a $45,000 deficit in accumulated earnings and profits. For the current year, Data reported earnings and profits of $15,000. Data distributed $18,000 to its shareholders during the current year. What amount of the distribution is treated as a taxable dividend

Answers

$15,000 is treated as a taxable dividend.

A corporation's distribution amount on its stock to it's shareholders will be the dividend distribution that is made with current earnings or profits or accumulated earnings or profits. In this question, $18,000 distribution would be a dividend to the extent of the $15,000 of the current period earnings or profits.

$45,000 deficit in its accumulated earnings and profits would begin the next year with the same amount amount because distribution does not increase a deficit.

Dividend income is taxable, but taxation varies depending on whether the dividend is eligible or ineligible. 1 Investors are usually drawn to dividend stocks and mutual funds because the return on investment (ROI) includes market appreciation in addition to dividends.

All dividends are taxable and all dividend income must be reported. This includes dividends that are reinvested to buy shares. If you received a dividend of at least $10 from a company, you should receive a Form 1099-DIV detailing the amount you received.

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Advertising, sales promotion, public relations, and buzz building activities are all?

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Advertising, sales promotion, public relations, and buzz-building activities are all option(a)i.e, channels that should be integrated under the concept of integrated marketing communications.

Integrated marketing is the practice of combining all elements of marketing communication, including PR, social media, and advertising, and employing each one's unique combination of channels, media, and methods to provide a smooth and customer-focused experience.

A coherent message may be delivered to end users over a variety of channels with the help of integrated marketing communication, which increases the likelihood that it will succeed in luring clients. Customers receive a single message overall marketing platforms, including TV, radio, banners, hoardings, and so forth.

The following are crucial devices for integrated marketing communications:

Advertising.Sales Promotions (SP)Personal Selling (PS)Direct Marketing (DM)Social Media Marketing.Internet Marketing.Mobile Marketing.

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The complete question is:

Advertising, sales promotion, public relations, and buzz-building activities are all ________.

A) channels that should be integrated under the concept of integrated marketing communications

B) channels focused more on interactive marketing than traditional marketing

C) promotional tools used for push strategies but not pull strategies

D) promotional tools used for pull strategies but not push strategies

E) promotional tools adapted for use in mass marketing

An important customer showing up at a hotel that is fully booked and the reservation is missing would be placed in which category for managerial decision-making challenges?

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An important customer showing up at a hotel that is fully booked and the reservation is missing would be placed in managers must make decisions quickly.

A business manager is a supervisor who directs and supervises the operations of an organization or department with employees. They strive to ensure that the company remains productive, efficient, and organized at all times by implementing operational strategies, conducting performance reviews, and overseeing all day-to-day activities.

Managers can lead teams and give them purpose and direction that employees can trust. It helps employees achieve their goals and manage the company's day-to-day production and processes. We also plan the next steps for managing projects and potential hires.

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To qualify as a pass-through entity for U.S. corporate income tax, a REIT must be all of the following EXCEPT

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To qualify as a pass-through entity for U.S. corporate income tax, a REIT must be all of the following EXCEPT : ​Jointly owned by less than 100 persons.

What Is a Real Estate Investment Trust (REIT)?

A real estate investment trust (REIT) is a company that owns, operates, or finances income-generating real estate.

Modeled after mutual funds, REITs pool the capital of numerous investors. This makes it possible for individual investors to earn dividends from real estate investments—without having to buy, manage, or finance any properties themselves.

To qualify as a REIT, a company must comply with certain provisions in the Internal Revenue Code (IRC). These requirements include to primarily own income-generating real estate for the long term and distribute income to shareholders.

Specifically, a company must meet the following requirements to qualify as a REIT:

Invest at least 75% of total assets in real estate, cash, or U.S. TreasuriesDerive at least 75% of gross income from rents, interest on mortgages that finance real property, or real estate salesPay a minimum of 90% of taxable income in the form of shareholder dividends each yearBe an entity that's taxable as a corporationBe managed by a board of directors or trusteesHave at least 100 shareholders after its first year of existence Have no more than 50% of its shares held by five or fewer individuals

Therefore, we can conclude that the correct option is D.

Your question is incomplete, but most probably your full question was:

To qualify as a pass-through entity for U.S. corporate income tax, a REIT must be all of the following EXCEPT

a.​structured as a corporation, trust, or association.

b.​have transferable shares or certificates of interest.

c.​managed by a board of directors or trustees.

d.​jointly owned by less than 100 persons.

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Jonathan is interested in building the centerpiece of his firm's corporate governance, and so hires a ________ that is made up of individuals from both inside and outside the firm.

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Jonathan is interested in building the centrepiece of his firm's corporate governance, and so hires a "Board of directors" that is made up of individuals from both inside and outside the firm.

What is a Board of directors?

A board of directors is simply a group of people chosen by shareholders to serve as their representatives. While nonprofit organisations and many private firms may name a board of directors even though they are not legally obligated to, every public company is legally required to appoint one.

Functions of a Board of Directors are-

establishing dividend policiesDeveloping option policiesSenior executive hiring and firing (especially the CEO)determining executive compensationassisting managers and their teamskeeping up with business resourcessetting broad organisational objectivesensuring that the business has the resources necessary to be handled effectively.

The bylaws of a business or organisation establish the structure, duties, and authority granted to a board of directors.

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Megan, a seller, tells the party buying her home that the property will soon be part of the public water system. She makes this claim based on erroneous information supplied to her by the city. The buyer relies upon this information and moves forward with the purchase of the home. This is an example of ______.

Answers

The buyer relies upon this information and moves forward with the purchase of the home. This is an example of Innocent misrepresentation.

What Is Innocent Misrepresentation?

Misrepresentation in general is a legal term that means “a false statement of fact that has the effect of inducing someone into a contract.” It originates from English common law, but has been adopted as a legal principle in the United States. It is a statement that is either untrue, or highly misleading (as opposed to a statement of opinion).

Innocent misrepresentation is one of the three recognized varieties of misrepresentations in contract law. Essentially, it is a misrepresentation made by someone who had reasonable grounds for believing that his false statement was true. So in the above example, if the seller didn’t know the stereo was actually old, he would only be liable for an innocent misrepresentation.

In the real world, however, it is often the case that because the other two varieties of misrepresentation (negligent and fraudulent) are much more difficult to prove, often this is the best course of action.

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When a company services the broad market and has a low degree of product differentiation, it is most likely Group of answer choices pursuing a differentiation strategy. pursuing a cost-leadership strategy. pursuing a focus strategy. pursuing both cost leadership and differentiation. stuck in the middle.

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When a company services the broad market and has a low degree of product differentiation, it is most likely pursuing a cost-leadership strategy.

What is Cost Leadership?

Cost leadership is a term used when a company projects itself as the cheapest manufacturer or provider of a particular product or commodity in a competition. It is difficult to deploy the strategy because the management must constantly work on reducing cost at every level to remain competitive.

Cost leadership is a part of marketing strategy. Although, it is highly effective in gaining market share as well as drawing the customers' attention, it is difficult to deploy. The management team of the company has to constantly work towards reducing the cost of not just one product, but the entire range of products in the company's portfolio.

What Is Cost Leadership Strategy?

Cost leadership is a business-level strategy employed by companies who wish to gain a competitive advantage by being the lowest-cost producer of a service, production process, or commodity.

Therefore, we can conclude that the correct option is it is most likely pursuing a cost-leadership strategy.

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Verifying a backup is also called _______________

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♨ANSWER♥

Verifying a backup is also known as backup testing.

...hope this helps...

_♡_mashi_♡_

A 12-month budget that is continuously adjusted by adding an additional month at the end of each month is called a(n) ______ budget.

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A 12-month budget that is continuously planning  by adding an additional month at the end of each month is called a perpetual budget. A perpetual budget is one that is continually extended once the current reporting period is over. This usually means that a budget for the next 12 months is in place, though the budget could be for a shorter or longer period.

The goal of using a perpetual budget is to provide a business with a fixed planning horizon over which the management team is constantly making plans to implement changes to the organization example monthly expenses etc.

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If you look at average interest rates on savings accounts today, how do they compare with inflation?.

Answers

The average interest rates on savings account today compared to inflation shows that inflation is higher.

How are savings interest rates and inflation related?

The current interest rates on savings accounts in the U.S. on average is about 0.08%.

Inflation on the other hand, is 9.1%. This shows that inflation massively outstrips the average savings interest rates.

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Which two lines intersect at level of output the firm is supplying if that business is earning zero economic profits?

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The average cost curve and the variable revenue curve are two lines which intersect at level of output when the firm is supplying and that business is earning zero economic profits.

If the price which the  firm is charging from customer is higher than its average cost of production for the quantity of the goods produced, then the firm will earn profits to a large extent.

Conversely, if the price which is charged by the firm is lower than its average cost of production, the firm will suffer losses.

Thus when the cost is equal to the revenue of the firm it means there is no profit at all. At this level the average cost curve will intersect the revenue curve.

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If labor in mexico is less productive than labor in the united states in all areas of production:____.
a. then neither nation can benefit from trade.b. then mexico can benefit from trade but the US cannot.c. then the united states will have a comparative adv relative to mexico in the production of all goods.d. then both mexico and the us still can benefit from trade.

Answers

If labor in Mexico is less productive than labor in the united states in all areas of production then both Mexico and us still can benefit from trade.

Labor is the amount of physical, mental and social effort spent to produce goods and services in the economy. We provide the know-how, human resources, and services necessary to turn raw materials into finished products and services.

A business that requires more people and fewer machines is known as a labor-intensive business. The beauty, home construction, education and fashion industries are examples of labor-intensive industries.

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The ________ can compare the portion of the gross revenue to the total gross revenue.

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The gross profit can compare the portion of the gross revenue to the total gross revenue.

Gross profit represents that income or profit which  remains after the subtraction of production costs from  total gross revenue.

Total gross revenue is the amount of revenue which is generated from the sale of  goods and services by the company.

Gross profit helps the  investors to check how much profit the company is earning  from the production and sale of its goods and services.

Gross profit is commonly referred to as total gross revenue less gross revenue.

Revenue is generally referred to as the "top line" number because it is situated at the top of the income statement of any organization.

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4. Suppose an 802.11b station is configured to always reserve the channel with the RTS/CTS sequence. Suppose this station suddenly wants to transmit 1,000 bytes

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The time required to transmit the frame and receive the acknowledgment DIFS + 3SIFS +820μsec

What is Bytes?Digital information is stored in units called bytes, which typically have eight bits.The byte is the lowest addressable unit of memory in various computer architectures because it was historically the amount of bits needed to encode a single character of text in a computer.Network protocol specifications such as The Internet Protocol (RFC 791) refer to an 8-bit byte as an octet to distinguish them from the ordinary 8-bit definition.Depending on the bit endianness, an octet's bits are typically counted from 0 to 7 or 7 to 0, respectively. Since the initial bit is a zero, the eighth bit is a seven.

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I hope you are trying to ask the question below:

Question:

Suppose an 802.11 b station is configured to always reserve the channel with the RTS/CTS sequence.

Suppose this station suddenly wants to transmit 1,000 bytes of data, and all other stations are idle at this time.

As a function of SIFS and DIFS, and ignoring propagation delay and assuming no bit errors, calculate the time required to transmit the frame and receive the acknowledgment.

The amount of increase or decrease in cost that is expected from a particular course of action as compared with an alternative is a.product cost b.differential cost c.period cost d.discretionary cost

Answers

The amount of increase or decrease in cost that is expected from a particular course of action as compared with an alternative is differential cost.

What is Differential Cost?Differential cost is the difference in costs between two possible decisions.The expense arises when a company must choose between multiple similar choices and choose one while rejecting the others.When faced with such circumstances, corporate executives must compare the costs and profits of each alternative to determine which is the most practical.The expenses incurred to produce a product are referred to as its cost.Direct labor, direct materials, consumable production supplies, and factory overhead are all included in these prices.The cost of the labor necessary to provide a service to a customer can also be considered when calculating product cost.In the latter scenario, all expenses associated with a service, such as compensation, payroll taxes, and employee benefits, should be included in the product cost.Costs that cannot be recognized on a company's balance sheet are referred to as period costs.In other words, they are recorded as an expense on the income statement in the period in which they are incurred. Some of the examples of Period cost are CEO salary, Marketing expense, selling, general and administrative expense.If necessary, a business or household can live without a discretionary expense.Nonessential spending is sometimes used to identify discretionary costs. This indicates that even if all discretionary consumer spending is stopped, a business or household can continue to function.

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The richest 1% of the world's population owns more wealth than the rest of the 99% combined. True or False

Answers

The distribution of wealth on Earth is such that the richest 1% are wealthier than the rest of the 99% combined so this is True.

How is income distributed?

The top 1% of the human population are so wealthier that they own more than the combined assets of the other 99%.

This was confirmed in 2016 by Oxfam, and the scary part is that this trend is set to continue.

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A company has a debt-to-capitalization ratio of 31.8%. Its pre-tax cost of debt is 7.4%. It has an unlevered beta of 1.05, a levered beta of 1.37 and a marginal tax rate of 35%. The risk free rate is 5.2% and the market risk premium is 6.2%. What is the company's WACC

Answers

The company's WACC will be 10.87% which is option A.

What is WACC and how is it calculated?

WACC stands for Weighted average cost of capital.

WACC is calculated by multiplying the cost of each capital source (debt and equity) by its relevant weight by market value, and then adding the products together to determine the total. The cost of equity can be found using the capital asset pricing model (CAPM).

A company's debt-to-capital ratio or D/C ratio is the ratio of its total debt to its total capital, its debt and equity combined. The ratio measures a company's capital structure,

Formula For Calculation of WACC :-

WACC Formula = (E/V * Ke) + (D/V) * Kd * (1 – Tax rate)

E = Market Value of Equity.

V = Total market value of equity & debt.

Ke = Cost of Equity.

D = Market Value of Debt.

Kd = Cost of Debt.

Tax Rate = Corporate Tax Rate.

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Correct Question - A company has a debt-to-capitalization ratio of 31.8%. Its pre-tax cost of debt is 7.4%. It has an unlevered beta of 1.05, a levered beta of 1.37 and a marginal tax rate of 35%. The risk free rate is 5.2% and the market risk premium is 6.2%. What is the company's WACC?

A) 10.87%

B) 13.70%

C) 11.69%

D) 9.55%

When a consumer purchases a product, a(n) _________ is created for this item to be re-stocked by the merchant.

Answers

When a consumer purchases a product, a demand is created for this item to be re-stocked by the merchant.

Consumer demand is a monetary measure of a group's choice for a service or product primarily based on availability. It represents the shopping behavior of clients and helps determine the shopping traits of unique populations.

The monetary elements that maximum affect the call for customer goods are employment, wages, expenses/inflation, hobby fees, and purchaser self-belief.

Demand is decided by using some factors, inclusive of the range of humans looking for your product, how a great deal they are inclined to pay for it, and what kind of your product is available to consumers, both from your business enterprise and your competition.

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A change in the demand for Godfather's Pizza would not be caused by a change in the: Group of answer choices price of Scarface's Pizza. price of Godfather's Pizza. All of the available options cause a change in the demand for Godfather's Pizza. popularity of Godfather's Pizza. buyers' income.

Answers

A change in the demand for Godfather's Pizza would not be caused by a change in the Buyers Income.

A good for which demand will decrease when buyers' incomes increase. goods that can replace each other; when the price of a good increase, the demand for its substitute will increase. goods that tend to be consumed together; when the price of a good increases the demand for its complement will decrease.

According to reports, Pillsbury purchased The Godfathers Pizza largely by accident. Godfathers were part of Diversifoods Inc., a conglomerate that includes over 300 Burger King franchises. Pillsbury wanted Burger King, and then came The Godfather's chain of over 800 pizzerias.

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The theory of frictional unemployment suggests that workers in which age group are least likely to be unemployed for a significant period of time?

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The theory of frictional unemployment suggests that workers in25 - 54 age group are least likely to be unemployed for a significant period of time.

What is meant by the term frictional unemployment?

Unemployment can be defined as the time in a persons life where they have the skills and all of the knowledge to do work yet they do not have the job positions to work handy.

In the case of frictional unemployment, it is a time of transition that people make between jobs. This is the period where they transition between jobs in the nation.

It is when people would voluntarily leave the place that they are working because they are in search of new job opportunities. Hence we can conclude that The theory of frictional unemployment suggests that workers in25 - 54 age group are least likely to be unemployed for a significant period of time.

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Two necessary expenditures which are leading inflationary indicators are _________. a. Housing and lawn design b. Clothing and fashion c. Televisions and cable rates d. Food and gasoline Please select the best answer from the choices provided A B C D

Answers

Two necessary expenditures which are leading inflationary indicators are  d. Food and gasoline.

What are expenditures?

An expenditure serves as payment either in cash with either cash or credit that is used in purchasing goods or services.

Out of the options, Two necessary expenditures which are leading inflationary indicators are  d. Food and gasoline.

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If a firm hires an additional worker and discovers that its total output has fallen, then it must be true that:________

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If a firm hires an additional worker and discovers that its total output has fallen, then it must be true that marginal physical product is negative.

What is the change in total output that results from hiring one additional worker?

The difference in production brought on by using an additional unit of labor is known as the marginal product of labor.

Does hiring additional workers increase the total revenue at a decreasing rate?

Total output increases with additional employees, although at a slower rate. a stage of production where an increase in the labor force leads to a decline in labor's marginal product. With each new unit of labor added to the mix, a company with this will produce progressively less production.

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Asa believes that her organization is taking data collected from customers for technical support and using it for marketing without their permission. What principle is most likely being violated

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Asa believes his organization is taking data collected from customers for technical support and using it for marketing without their permission. In this situation, the principle that is likely to be violated will be that of purpose limitation.

What is purpose limitation?

It is a constitutional principle of protection of the data of individuals and companies, expressed in article 5, paragraph b, related to the protection of personal data. The legislation refers to the use of data for purposes other than those for which they were initially intended.

Related content can be a serious breach for companies, as data security is an increasingly relevant topic these days.

Therefore, it is essential that companies use the data of potential consumers only when this use is carried out following the principles provided for by law, in an ethical and safe way.

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What is the role of incident response and management in risk mitigation and risk management?

Answers

The role of the incident response and management in risk mitigation would be to

provide the timely detection, notify, and interventionWhat is incident and management in risk mitigation?

This is the body that helps to determine the level of risk that can be termed as acceptable. They are the body that helps an organization to check the risks that they may not want as acceptable.

This is the body that has the capability and the instruments that are necessary in order to respond to the situations that are seen as critical

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Company F has $1,000,000 of 10% 30 year bonds outstanding with a current yield of 10.5%. The company refinances all $1,000,000 to a 7% rate. Assuming a marginal tax rate of 40%, what is the annual increase to Company F's net income

Answers

The annual increase to Company F's net income is $18,000.

Solution-

When Company F refinances a 10% bond to 7% it realizes an annual interest savings of :

                         =3% x $1,000,000 = $30,000.

Company F will be required to pay additional taxes on this savings, so the after-tax impact to net income = $30,000 x (1 - tax rate)

                               net income = $30,000 x 60% = $18,000.

The current yield is not relevant to this question.

What is Net Income?

Net income is the profit after all of a company's expenses have been subtracted from revenues. It represents the earnings available to shareholders after all obligations (e.g. debt, payable to vendors, etc.) have been paid. EBITDA is a widely used proxy for operating cash flow as it reflects the company's total cash operating costs for producing its products and services. Gross Profit is defined as sales less cost of goods sold (COGS). Sales is the first line item on an income statement.

Hence, The annual increase to Company F's net income is $18,000.

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The change in equity of a business enterprise during a period from transactions and other events and circumstances from nonowner sources is called:_______

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Comprehensive income is the change in equity during the period from the non-owner related transactions.

Net income and unrealized income, such as unrealized profits or losses on financial instruments used as hedges or derivatives and gains or losses from foreign exchange transactions, are both included in comprehensive income. It offers a comprehensive understanding of a company's earnings that the income statement cannot fully convey.

Comprehensive Income, according to a company's financial reporting, "includes all changes in equity over a period, excluding those attributable to owner investments and distributions to owners."

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The net asset value is calculated by dividing the current _______ value of the fund's portfolio (reduced by liabilities) by the number of outstanding shares.

Answers

The net asset value is calculated by dividing the current assets value of the fund's portfolio (reduced by liabilities) by the number of outstanding shares.

What is net asset value (NAV)?

The worth of an investment fund is represented by its net asset value, or NAV, which is determined by adding up all of the fund's assets and deducting all of its liabilities.

NAV is used by mutual funds and ETFs to determine the cost per share of the fund.The net asset value of an investment fund is calculated by dividing the number of outstanding shares by the net value of the fund's assets less its liabilities.Commonly, NAV is used to compute the price per share of a mutual fund or ETF.The closing market values of the securities in the portfolio are used to determine NAV at the conclusion of each trading day.A pooled investment security called an exchange-traded fund (ETF) functions very similarly to a mutual fund.ETFs often follow a certain sector, index, commodity, or other asset, but unlike mutual funds, they can be bought or sold on a stock exchange just like conventional stocks.Anything from the price of a single commodity to a sizable and varied group of securities can be tracked by an ETF.ETFs may even be designed to follow particular investment strategies.

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What organization issues management marketing and technical publications

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SBA organization issues management marketing and technical publications.

The U.S. Small enterprise administration is a US government company that offers aid to marketers and small organizations.

The U.S. Small enterprise administration (SBA) facilitates Americans to grow groups and create jobs by using offering sources and gear, inclusive of getting the right of entry to capital; opportunities in Federal contracting; get admission to entrepreneurial training; and disaster assistance for companies, owners, and renters.

The term Small commercial enterprise management (SBA) refers to a U.S. government employer this is designed to bolster and promote the financial system by way of supporting the united states' small businesses. Mounted in 1953, the SBA's largest function is to recommend folks who need to start and develop their very own corporations.

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Made-to-order metalworks is a small manufacturing firm specializing in custom-order tool and die work. a computerized accounting system would help this firm by?

Answers

The company Made to Order is a manufacturer of custom tools, which is a bespoke manufacturing. A computerized system can help the organization in many ways.

What is Manufacturing?

A manufacturing organization is an organization that manufactures goods, and then sells them to customers and thus generates revenue and profits. A bespoke manufacturing company is the one who manufactures products as the customer wants it to be.

There are so many benefits of having a computerized system for the manufacturing business.

A computerized system can help Made to Order by creating a 3D model of the customer choice of tool, also the orders can be sequenced and easily monitored, delivery date can be highlighted if near and the order booking date can also be mentioned and helpful when the customer wants early delivery for the goods. Also the receipt of payments can be checked and monitored.

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Question 1 A business wants to evaluate their campaign, and specifically wants to look at how much net profit after investments they made versus how much they spent on advertising. This measurement would be:

Answers

A business wants to evaluate their campaign, and specifically wants to look at how much net profit after investments they made versus how much they spent on advertising. This measurement would be: ROI.

What is ROI?

This is the term that is used to refer to the return on investment. The return on investment is the interest or the value that is gotten when a person invests.

When they look back at the amount they have made from the business after the expenses they spent, this would be the ROI.

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