ces [The following information applies to the questions displayed below.) Megamart provides the following information on its two investment centers. Investment Center Electronics Sporting goods Sales $ 42,240,000 23,120,000 Income $ 3,168,000 2,312,000 Average Assets $ 17,600,000 13,600,000 Exercise 9-10 (Algo) Computing return on investment and residual income; investing decision LO A1 1. Compute return on investment for each center. Using return on investment, which center is most efficient at using assets to generate income? 2. Assume a target income of 11% of average assets. Compute residual income for each center. Which center generated the most residual income? 3. Assume the Electronics center is presented with a new investment opportunity that will yield a 15% return on investment. Should the new investment opportunity be accepted? The target return is 11%. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Assume a target income of 11% of average assets. Compute residual income for each center. Which center generated the most residual income? Investment Center Electronics Sporting Goods $ 3,168,000 $ 2,312,000 Income Less target income Residual income Which center generated the most residual income? Electronics Chec