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What range does their romi fall into

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Question 1: Payless Shoe Source, sells shoes and is famous for their buy one get one free annual sale. The advertising campaign costs $600,000. On average each shoe sells for $45 and Payless buys them for $10. They expect to sell an additional 35,000 shoes as a result of this campaign. What range does their ROMI fall into?

Option 1: 100%-110%

Option 2: 20%-30%

Option 3: 40%-50%

Option 4: 480%-490%

Reference no: EM132600994

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