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3 QS 9-11 Computing residual income LO A1 10 points Average Assets Investment Center Net Income Cameras and camcorders Phones and communications Computers and accessories

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3 QS 9-11 Computing residual income LO A1 10 points Average Assets Investment Center Net Income Cameras and camcorders Phones and communications Computers and accessories $5,900,000 $24,500,000 13,100,000 11,200,000 1,834,000 eBook 900,000 Hint Assume a target income of 14% of average invested assets. Print Required: Compute residual income for each division. (Enter losses with a minus sign References Cameras and Phones and CamcordersCommunications Accessories Computers and Target Income Targeted return Target income Residual Income Cameras and Phones and CamcordersCommunications Accessories Computers and Residual income (loss)

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