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4. ROIC at Selected Target Dates

ROIC 20% at Selected Target Dates

Key Management Action: Number of Licenses to be Sold.

Using the cash flow and financial statements find the necessary increase in the number of licenses to be sold so to obtain a 20% ROIC at a certain moment after starting business activity:

a. Find the necessary increase in the number of licenses to be sold so to obtain a 20% ROIC 18 months after starting business 

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