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Robichau Inc. reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $6,300,oo 4,930,eee
Robichau Inc. reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $6,300,oo 4,930,eee 1,378,000 883,000 $ 567,200 $3,000,000 At the beginning of this year, the company has a $900,000 Investment opportunity with the following characteristics: Sales Contribution margin ratio Fixed expenses $1,53e, see 30% of sales The company's minimum required role of relumn is 20% If the company pursues the investment opportunity, this year's combined residual income for the entire company will be closest to: Multiple Choice $776.100 ($17,100) o o o o $720.000 $60.000)
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