Yo-to-go is an entrepreneurial venture of a college student named Cathy Frank. She sells yogurts in cups and cones from a trailer at the beach during the tourist season. If Frank pays $500 for cartons of yogurts then sells it all for $1200, how much is her return on investment?A) $500B) $700C) $1200D) $1700E) $1900

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Yo-to-go is an entrepreneurial venture of a college student named Cathy Frank. She sells yogurts in cups and cones from a trailer at the beach during the tourist season. If Frank pays $500 for cartons of yogurts then sells it all for $1200, how much is her return on investment?A)  $500B)  $700C)  $1200D)  $1700E)  $1900

Zybrea Knight · Accepted Answer

Final Answer : B, Explanation :  The return on investment (ROI) is calculated by subtracting the initial cost of the investment from the final return, then dividing by the initial cost. Here, ROI = ($1200 - $500) / $500 = $700 / $500 = 1.4 or 140%. The actual return amount is $700.

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