Asked by
Alexis Cardona
on Nov 12, 2024Verified
In 2003 the real estate market experienced an all-time high revenue with a net income of $45 billion with investment of $10 billion. What is the ROI for the real estate industry?
A) 5.44.
B) 14.2.
C) 6.22.
D) 4.5.
Real Estate Market
The market for buying, selling, and renting properties, including both residential and commercial real estate.
Net Income
The profit of a business after all expenses have been deducted from total revenue.
ROI
Return on Investment (ROI) measures the gain or loss generated on an investment relative to the amount of money invested.
- Understand the concept of return on investment (ROI) and its calculation.
Verified Answer
AG
Learning Objectives
- Understand the concept of return on investment (ROI) and its calculation.