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Just need the answer. Shrewsbury Inc. reported the following results from last years operations: Sales Variable expenses Contribution margin Pixed expenses Net operating income Average

image text in transcribedJust need the answer.
Shrewsbury Inc. reported the following results from last years operations: Sales Variable expenses Contribution margin Pixed expenses Net operating income Average operating assets $7,200,000 5,400,000 1,800,000 1,296,000 504, 000 $4,000,000 At the beginning of this year, the company has a $800,000 investment opportunity with the following characteristics Sales Contribution margin ratio Fixed expenses $2,480,000 40% of sales $ 868,000 The company's minimum required rate of return is 14%. f the company pursues the investment opportunity, this years combined residual income for the entire company will be closest Multiple Choice $23.200 $44,000) 5628.000 $652.BOO

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