Total sales 2,000,000 360,000 1,500,000 2,100,000 Profit Beginning total sales Ending total sales hat is the Return on Investment (ROI) of the MVV?

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter9: Projecting Financial Statements
Section9.4: Estimating Additional Financing Needed To Support Growth
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MVV has the following data on its 2020 financial statement
Total sales
2,000,000
Profit
360,000
Beginning total sales
Ending total sales
1,500,000
2,100,000
What is the Return on Investment (ROI) of the MVV?
Transcribed Image Text:MVV has the following data on its 2020 financial statement Total sales 2,000,000 Profit 360,000 Beginning total sales Ending total sales 1,500,000 2,100,000 What is the Return on Investment (ROI) of the MVV?
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