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Investment Center Cameras and camcorders Phones and communications Computers and accessories Net Income Average Assets $6,150,e00 27,500,000 19,700,000 14,600,000 2,758,900 950,000 Assume a target income
Investment Center Cameras and camcorders Phones and communications Computers and accessories Net Income Average Assets $6,150,e00 27,500,000 19,700,000 14,600,000 2,758,900 950,000 Assume a target income of 14% of average invested assets. Required: Compute residual income for each division. (Enter losses with a minus sign.) Cameras and Phones and Computers and Camcorders Communications Accessories Target Income Targeted return Target income Residual Income Cameras and Camcorders Communications Accessories Phones and Computers and Residual income (loss)
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