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What the capital investment was

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Question 1: Herbert Feigl Ltd had the following results during the most recent year: Sales $500,000; Residual income $5,000; investment turnover 2.5; and a required rate of return of 15%. The capital investment was:

Option 1: $75,000

Option 2: $170,000

Option 3: $1,250,000

Option 4: $200,000

Reference no: EM132543496

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