Howard Company Provided the Following Selected Information About Its Consumer $\begin{array}{lr}\text { Desired ROI } & 12\% \\\text { Operating income } & \$ 150,000 \\\text { Residual income } & \$ 30,000\end{array}$

Multiple Choice

Howard Company provided the following selected information about its consumer products division for the current year: $\begin{array}{lr}\text { Desired ROI } & 12\% \\\text { Operating income } & \$ 150,000 \\\text { Residual income } & \$ 30,000\end{array}$ Based on this information, the division's investment amount was:

A) $250,000.
B) $1,000,000.
C) $1,500,000.
D) $1,250,000.