Question: NEED HELP ON HOMEWORK NO IDEA WHAT I NEED TO DO AND THIS IS ALL THE INFO I HAVE 2a. If a company increases advertising

NEED HELP ON HOMEWORK NO IDEA WHAT I NEED TO DO AND THIS IS ALL THE INFO I HAVE

2a. If a company increases advertising from $10M to $15M per year, by what percent would you forecast sales to increase? Please clearly show your calculation and logic. Assume that the product is a sports drink like Powerade.

AED= .025 prior

Increase=15-10/10=50

.025*50=12.5

2b. If a company has current sales of $100M, what is the ROI for the prior question?

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