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Rodriguez Industries has an opportunity to invest $50,000 in a project that will return $8,000 profit per year. Rodriguez requires a 15% ROI (rate of

  1. Rodriguez Industries has an opportunity to invest $50,000 in a project that will return $8,000 profit per year. Rodriguez requires a 15% ROI (rate of return). Should Rodriguez invest in this proposed project? Why or why not?

  1. The national government for a country located in East Africa (not Tanzania) prepares its annual budget at the end of the first month of the fiscal year. Is this an example of good budgeting? Why or why not?

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