To calculate the Cost Per Dollar Raised (\(CPDR\)):
\[ CPDR = \frac{TCS}{TMR} \]
Where:
Cost per dollar raised is a way of saying how much money a company spent on marketing, product development, outreach, etc., to gain the attention of investors and receive a certain amount of funding. This metric helps in understanding the efficiency of fundraising efforts.
Let's assume the following values:
Using the formula:
\[ CPDR = \frac{10,000}{50,000} = 0.20 \]
The Cost Per Dollar Raised is $0.20 per dollar.
Let's assume the following values:
Using the formula:
\[ CPDR = \frac{5,000}{25,000} = 0.20 \]
The Cost Per Dollar Raised is $0.20 per dollar.