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Needing help required 1 and required 2 please Megamart, a retailer of consumer goods, provides the following information on two of its departments (each considered

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Needing help required 1 and required 2 please
Megamart, a retailer of consumer goods, provides the following information on two of its departments (each considered an Investment center). Average Investment Center Sales Income Invested Assets Electronics $40,000,000 $2,880,000 $16,000,000 Sporting goods 20,000,000 2,040,000 12,000,000 1. Compute return on investment for each department. Using return on investment, which department is most efficient at using assets to generate returns for the company? 2. Assume a target income level of 12% of averige invested assets. Compute residual income for each department. Which department generated the most residual income for the company? 3. Assume the Electronics department is presented with a new investment opportunity that will yield a 15% return on investment Should the new investment opportunity be accepted? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute return on investment for each department. Using return on investment, which department is most efficient at using assets to generate returns for the company? Return on Investment Return on Investment Return on Investment Choose Numerator Choose Denominator 1 Electronics 1 Sporting Goods 1 Which department is most officient at using assets to generate returns for the company? Megamart, a retailer of consumer goods, provides the following information on two of its departments (each considered an Investment center) Investment Center Electronics Sporting goods Sales Income $40,000,000 $2,880,000 20,000,000 2,040,000 Average Invested Assets $16,000,000 12,000,000 1. Compute return on investment for each department. Using return on investment, which department is most efficient at using assets to generate returns for the company? 2. Assume a target Income level of 12% of average invested assets. Compute residual income for each department. Which department generated the most residual income for the company? 3. Assume the Electronics department is presented with a new investment opportunity that will yield a 15% return on investment Should the new investment opportunity be accepted? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Assume a target Income level of 12% of average invested assets. Compute residual income for each department. Which department generated the most residual income for the company? Sporting Goods Investment Center Electronics Net Income Target net income Residual income Which department is most efficient at using assets to generate returns for the company?

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