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please help me with the following Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.

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please help me with the following

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Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below. J 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 $56,100,000 $2,805,000 $16,500,000 Sporting goods 25,000,000 2,000,000 12,500,000 Exercise 24-10 Computing return on investment and residual income; investing decision LO A1 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 of10% 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 14% return on investment. Should the new investment opportunity he accepted? | 6 Answer Is not complete. Exercise 24-10 Computing return on investment and residual income; investing decision LO A1 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 10% 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 14% return on investment. Should the new investment opportunity be accepted? X Answer is not complete. 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 Choose Numerator: Choose Denominator: Return on Investment Sales X Net income X Return on Investment Electronics $ 56, 100,000 X 0 Sporting CA 25,000,000 X S 0 Goods Which department is most efficient at using assets to generate returns for the company?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 10% 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 14% return on investment. Should the new investment opportunity be accepted? X Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Assume a target income level of 10% of average invested assets. Compute residual income for each department. Which department generated the most residual income for the company? Investment Center Electronics Sporting Goods Net income 10 X Target net income 1,650,000 1,250,000 Residual income $ 1, 155,000 $ 750,000 Which department is most efficient at using assets to generate returns for the company?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 10% 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 14% return on investment. Should the new investment opportunity be accepted? 9 Answer Is not complete. Complete thls question by enterlng your answers In the tabs below. Assume the Electronics department is presented with a new investment opportunity that will yield a 14% return on investment. Should the new investment opportunity be accepted? Should the new investment opportunity be accented? Return on Investment Choose Numerator: 1 Choose Denominator: Return on Investment Sales Net income Return on Investment Electronics 0 Sporting S Goods 0 Which departme Average invested assets to generate returns for the company? Net income Sales Required 1 Required 2 >Required 1 Required 2 Required 3 Assume a target income level of 10% of average invested assets department generated the most residual income for the compan Investment Center Electronics Sporting Goods Net income 10 Target net income 1,650,000 1,250,000 Residual income $ 1, 155,000 $ 750,000 Which department is most efficient at using assets to generate returns for the company? Electronics Sporting goodsRequired 1 Required 2 Required 3 Assume the Electronics department is presented with a new investment opportunity that will yield a 14% return on investment. Should the new investment opportunity he accepted? Should the new investment opportunity be once ted? YES

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