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Hansen Company provided the following selected information about its consumer products division for 2012: ...

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Accounting

Hansen Company provided the following selected information about its consumer products division for 2012:

Desired ROI 6%

Net Income $342,000

Residual Income $300,000

Based on this information, the division's investment amount (amount of operating assets) was (show work)

(a) $10,700,000. (b) $700,000. (c) $5,700,000. (d) $5,000,000.

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