A hotel's digital marketing team is running a Google Ads campaign to generate direct bookings. They spent $2,000 on the campaign in one month, and the total revenue generated from bookings attributed to these ads was $16,000. Which key performance indicator (KPI) is calculated by dividing the revenue by the cost, resulting in an 8:1 ratio?
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A
Click-Through Rate (CTR)
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B
Cost Per Acquisition (CPA)
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C
Return on Ad Spend (ROAS)
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D
Conversion Rate