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Investment Center Net Income Average Assets Cameras and camcorders $ 5,100,000 $ 20,300,000 Phones and communications 1,885,000 14,500,000 Computers and accessories 1,100,000 19,400,000 Assume a

Investment Center Net Income Average Assets
Cameras and camcorders $ 5,100,000 $ 20,300,000
Phones and communications 1,885,000 14,500,000
Computers and accessories 1,100,000 19,400,000

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 Phones and Communications Computers and Accessories
Residual income (loss)

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