Newbie here, business CFO, with first post.
In search of a formula for ROI as follows:
Beginning balance on 1/1 XXXX = BB
Variable deposits during XXXX (might be monthly?) = V
Ending balance 12/31/XXXX = EB
Ex:
BB = $500,000
V = Deposits at the beginning of each month = $10,000/month
EB = $760,000
What is my ROI?
Obviously I need more than just $760/$500 = 52% because of the interim deposits.
Anyone have a solution or an idea of where I might look.....
Thank you
In search of a formula for ROI as follows:
Beginning balance on 1/1 XXXX = BB
Variable deposits during XXXX (might be monthly?) = V
Ending balance 12/31/XXXX = EB
Ex:
BB = $500,000
V = Deposits at the beginning of each month = $10,000/month
EB = $760,000
What is my ROI?
Obviously I need more than just $760/$500 = 52% because of the interim deposits.
Anyone have a solution or an idea of where I might look.....
Thank you