A company that produces and sells ceramic tiles for $41.78 per square foot has fixed weekly expenses of $7,210 and variable expenses of $14.79 for each square foot of tile. Determine the company's ROI if they are able to sell 1,265 square feet of tile per week. Round the final answer to the nearest hundredth. Show your work.

Question

01-06-2022
Mathematics

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A company that produces and sells ceramic tiles for $41.78 per square foot has fixed weekly expenses of $7,210 and variable expenses of $14.79 for each square foot of tile. Determine the company's ROI if they are able to sell 1,265 square feet of tile per week. Round the final answer to the nearest hundredth. Show your work.

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