Promotional campaign

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Question

LF (Life is Fine) is a company that produces smartphones. They are interested in launching a promotional campaign which will cost them $100,000. Their revenues before the campaign were $400,000. After the campaign, they estimate their total revenue will be $750,000. The margin for this campaign is estimated to be 40%.

Based on this information, what is the estimated ROMI for this promotional campaign?

Reference no: EM133960442

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