Investment Center Cameras and camcorders Phones and communications Computers and accessories Net Income $5,100,000 2,758,000...
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Investment Center Cameras and camcorders Phones and communications Computers and accessories Net Income $5,100,000 2,758,000 1,000,000 Average Assets $ 26,000,000 19,700,000 18,400,000 Assume a target income of 14% of average invested assets. Required: Compute residual income for each division. (Enter losses with a minus sign.) Target Income Cameras and Camcorders Phones and Communications Computers and Accessories Targeted return Target income Residual Income Cameras and Camcorders Phones and Communications Computers and Accessories Residual income (loss)
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