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Investment Center Cameras and camcorders Phones and communications Computers and accessories Net Income $4,950,000 2,665,000 1.100,000 Average Ausets $ 25,100,000 20,500,000 13,000,000 Assume a target

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Investment Center Cameras and camcorders Phones and communications Computers and accessories Net Income $4,950,000 2,665,000 1.100,000 Average Ausets $ 25,100,000 20,500,000 13,000,000 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 Average assets Targeted retum Target income Residual income $ 25,100,000 $ 20,500,000 $ 13,000,000 13% 13% 13% $ 2,665,000 $ 1,690,000 Cameras and Phones and Computers and Camcorders Communications Accessories $ 4,950,000 5 2,665,000 $ 205,000 Net income Loss: Target income Residual income (oss)

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