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97. 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 Based

97. 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

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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