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Investment Center Cameras and camcorders Phones and communications Computers and accessories Net Income $6,900,000 2,795,000 850,000 Average Assets $ 28,400,000 21,500,000 19,600,000 Assume a

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Investment Center Cameras and camcorders Phones and communications Computers and accessories Net Income $6,900,000 2,795,000 850,000 Average Assets $ 28,400,000 21,500,000 19,600,000 Assume a target income of 13% of average invested assets. Required: Compute residual income for each division. (Enter losses with a minus sign.) Target Income Cameras and Camcorders Phones and Communications Computers and Accessories Targeted return Target income Residual Income Cameras and Camcorders Residual income (loss) % Phones and Communications % % Computers and Accessories

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