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mework Saved QS 24-11 Computing residual income LO A1 Investment Center Cameras and camcorders Phones and communications Computers and accessories Net Income $5,100,000 2,509,000 1,050,000
mework Saved QS 24-11 Computing residual income LO A1 Investment Center Cameras and camcorders Phones and communications Computers and accessories Net Income $5,100,000 2,509,000 1,050,000 Average Assets $ 29,600,000 19,300,000 11,800,000 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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