Megamart provides the following information on its two investment centers. Sales Investment Center Electronics $ 34,800,000 20,100,000 Income $ 3,306,000 2,412,000 Average Assets $ 17,400,000 13,400,000 Sporting goods Exercise 22-10 (Algo) Computing return on investment and residual income; investing decision LO A1 1. Compute return on investment for each center. Using return on investment, which center is most efficient at using assets to generate Income? 2. Assume a target income of 12% of average assets. Compute residual income for each center. Which center generated the most residual Income? 3. Assume the Electronics center is presented with a new investment opportunity that will yield a 15% return on Investment. Should the new Investment opportunity be accepted? The target return is 12% Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute return on investment for each center. Using return on investment, which center is most efficient at using assets to generate income? Return on Investment Numerator: Denominator: Return on Investment Electronics Sporting Goods 7 Which center is most efficient at using assets to generate income?