If asked to calculate the return on investment of this purchase, return on investment metrics would be used.
In accounting, the term "purchase" describes obtaining ownership of a certain service or product by buying a specific sum of money. On the other hand, it is when money is exchanged for a specific commodity or service. The procedure is typically carried out by people or businesses who require goods or services.
A common profitability statistic used to assess the performance of an initiative has done is the return on investment (ROI). By reducing an equity investment operating revenue (or loss) because of its original cost or expenditures, ROI is shown as a percentage.
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