Wrong Answer. Try Again!
C is the correct answer. 2,900%. If the investment to correct a hazard is $1,000, and it's likely the potential direct and indirect accident costs to the company may total $29,000 sometime in the foreseeable future (let's say five years), you can find the ROI by dividing the $29,000 by $1,000 to get 29. Next, multiply that result by 100 to arrive at 2,900 percent.
MODULE
ONE: BASIC CONCEPTS
Practice Question 60
Select the Best Answer
|
What is the ROI on an investment of $1,000 if the potential savings is $29,000? |
A. 29%
B. 290%
C. 2,900%
D. 29,000%