Started career as professional chef then a district sales manager for a wine & spirits company. Retired in 2005, breeding Araucana chickens. Carrot Colors Carrots as we know them now are orange but the original carrot was a small, thin, bitter root that was nowhere near the revered vegetable it is today. Purple, red and even black were the normal colors until the resourceful Dutch agriculturalists took an interest in them.
Project Return on Investment (ROI) An indicator used to measure the financial savings/gain (or loss) of a project in relation to its cost. Typically, it is used in determining whether a project will yield positive financial benefits, and in turn giving approval to proceed. The formula for a Project ROI = ((projectâs financial gain or loss â projectâs cost) / projectâs cost) X 100.
A common mistake in ROI analysis is comparing the initial investment, which is always in cash, with returns as measured by profit or (in some cases) revenue. The correct approach is always to use cash flow â the actual amount of cash moving in and out of a business over a period of time.