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Investment Center Net Income Average Assets Cameras and camcorders $ 5,500,000 $ 29,900,000 Phones and communications 2,758,000 19,700,000 Computers and accessories 850,000 19,000,000 Assume a

Investment Center Net Income Average Assets
Cameras and camcorders $ 5,500,000 $ 29,900,000
Phones and communications 2,758,000 19,700,000
Computers and accessories 850,000 19,000,000

Assume a target income of 14% of average invested assets. Required: What is the residual income for each division? (Enter losses with a minus sign.)

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Computers and Accessories Cameras and Camcorders Phones and Communications Target Income Targeted return Target income Computers and Accessories Phones and Communications Cameras and Camcorders Residual Income Residual income (loss)

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