The formula for calculating ROI is:

(net income/ initial investment)* 100

(gross profit / initial investment)* 100

(net income/revenue)* 100

(net income/cogs)* 100

The formula for calculating ROI is indeed:

ROI = (Net Income / Initial Investment) * 100

ROI stands for (Return on Investment)

It is a financial metric

They measure the profitability and efficiency of an investment.