Question
Fairpoint Products provided the following selected information about its consumer products division for the current year: Desired ROI 10 % Net Income $ 138,000 Residual
Fairpoint Products provided the following selected information about its consumer products division for the current year:
| Desired ROI | 10 | % | |
| Net Income | $ | 138,000 | |
| Residual Income | $ | 79,000 | |
Based on this information, the division's investment amount was:
Group of answer choices
$590,000.
$1,380,000.
$790,000.
$2,170,000.
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Artificial Intelligence In Accounting Organisational And Ethical Implications
Authors: Othmar M. Lehner, Carina Knoll
1st Edition
1032055626, 9781032055626
