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Investment Center Income Average Assets Cameras Phones Computers $ 6,950,000 2,327,000 $ 23,300,000 17,900,000 850,000 10,600,000 QS 22-13 (Algo) Computing residual income LO A1 Assume
Investment Center Income Average Assets Cameras Phones Computers $ 6,950,000 2,327,000 $ 23,300,000 17,900,000 850,000 10,600,000 QS 22-13 (Algo) Computing residual income LO A1 Assume a target income of 13% of average assets. Compute residual income for each center. (Enter losses with a minus sign.) Target Income Cameras Targeted return % Target income Residual Income Cameras Residual income (loss) Phones Phones Computers % Computers % 13
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