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king Corp has revenues of 1,500,000 resulting in an operating income of 150,000. average invested assets total $750,000 and the hurdler are is 6%. calculate
king Corp has revenues of 1,500,000 resulting in an operating income of 150,000. average invested assets total $750,000 and the hurdler are is 6%. calculate the residual income if sales increase by 10% and the profit margin and invested assets remain constant. answers A $0. B $115,500 C. $70,500 D. 45,000
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