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Fairpoint Products provided the following selected information about its consumer products division for the current year: Desired ROI 8 % Net Income $ 100,000 Residual

Fairpoint Products provided the following selected information about its consumer products division for the current year:


Desired ROI		8	%
Net Income	$	100,000
Residual Income	$	60,000

Based on this information, the division's investment amount was:

Multiple Choice

$750,000.

$500,000.

$1,250,000.

$2,000,000.

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