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Poxahatchee Products Provided the Following Selected Information About Its Consumer  Desired ROI 10% Net Income $150,000 Residual Income $50,000\begin{array}{lc}\text { Desired ROI } & 10 \% \\\text { Net Income } & \$ 150,000 \\\text { Residual Income } & \$ 50,000\end{array}

Question 129

Multiple Choice

Poxahatchee Products provided the following selected information about its consumer products division for 2012:  Desired ROI 10% Net Income $150,000 Residual Income $50,000\begin{array}{lc}\text { Desired ROI } & 10 \% \\\text { Net Income } & \$ 150,000 \\\text { Residual Income } & \$ 50,000\end{array} Based on this information, the division's investment amount (amount of operating assets) was


A) $700,000.
B) $1,000,000.
C) $4,000,000.
D) $20,000,000.

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