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Podcast: The Winning Momentum Podcast with Scott Sinclair
Episode: Episode 243 - Financial Literacy For Business - ROI
Description: Sorry I'm suffering from allergies in this videoExtract from Mornings With Scott Live StreamIntroduction to ROI:Return on Investment, or ROI, is a key metric used to evaluate the profitability of an investment. It measures the gain or loss generated relative to the amount of money invested, providing insights into the efficiency and profitability of various business activities.Calculating ROI:ROI is calculated by dividing the net profit by the investment cost and then multiplying by 100 to get a percentage. For example, if you invest $1,000 and earn $1,200...