Lock IncHas Collected the Following Data Concerning One of Its Products

question 116

Multiple Choice

Lock Inc.has collected the following data concerning one of its products: $\begin{array}{ll}\text { Unit sales price } & \$ 145 \\\text { Total sales } & 15,000 \text { units } \\\text { Unit cost } & \$ 115 \\\text { Total investment } & \$ 1,800,000\end{array}$
-The ROI percentage is

• A)20%.
• B)25%.
• C)30%.
• D)35%.

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Definitions:

Algorithm

A set of rules or a step-by-step process designed to perform a specific task or solve a problem.

Randomly

Without method or conscious decision, in a way that appears unsystematic.

Reflective Judgment

The process of critically evaluating the validity of various claims and evidence before forming a conclusion.

Variety of Sources

Refers to obtaining information, materials, or data from multiple and diverse origins or points of origin.