Continuing exercise 17.6, Sensor International sells 300,000 packages in its first year and 400,000 in its second.
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Continuing exercise 17.6, Sensor International sells 300,000 packages in its first year and 400,000 in its second. If the investor’s original investment was $100,000, determine the return on investment in year 1 and year 2 for the firm. Assume a tax rate of 20 percent.
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