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) Book Investment Center Blectronics Sporting goods Sales Ince $42,250,000 $3,211,000 19,350,000 2,322,000 Average Invested sets $26,900,000 12,900,000 References 1. Compute return on investment for each department. Using return on investment, which department is most efficient ot 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: Required 2 Required 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? Investment Center Electronics Sporting Goods Net income Target et income Residual income Which department is most efficient to to generous for the company