Given a net income of $90,000, what is the return on investment for 2000?
A. 7.9%
B. 22.22%
C. 22.78%
D. 24.8%
C
To find the return on investment (ROI), we need to know the initial investment amount. The ROI formula is:
ROI = (Net Income / Initial Investment) * 100%
Unfortunately, the initial investment amount is not provided in the question. Hence, we cannot calculate the ROI accurately.