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Pine Corp. has revenues of $565,000 resulting in an operating income of $106.220 invested assets total $611.000. Residual income is $19.000. Calculate the new residual

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Pine Corp. has revenues of $565,000 resulting in an operating income of $106.220 invested assets total $611.000. Residual income is $19.000. Calculate the new residual income if sales increase by 10% and the profit margin and invested assets remain the same. (Do not round your intermediate calculations.) Multiple Choice 59.462 $29.622 07220

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