2 40 points Required information (The following information applies to the questions displayed below) Megamart, a retailer of consumer goods, provides the following information on two of its departments (each considered an Investment center) eBoch Investment Center Electronica Sporting goods Sales Income $42,250,000 $3,211,000 19,350,000 2,322,000 Average Invested Asset $ 16,900,000 12,900,000 References 1. Compute return on investment for each department. Using return on investment, which department is most efficient at using assets to generate returns for the company? 2. Assume a target income level of 12% of average invested assets. Compute residual income for each department. Which department generated the most residual income for the company? 3. Assume the Electronics department is presented with a new investment opportunity that will yield a 14% return on investment Should the new Investment opportunity be accepted? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute return on investment for each department. Using return on investment, which department is most efficient at using assets to generate returns for the company? Return on investment 1 Choose Denominator Choose Numerator Return on investment Return on Investment = Electronics Sporting Goods Which department is most efficient al using assets to generate returns for the company Required 2 >