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QS 22-11 Computing residual income LO A1 Investment Center Cameras and camcorders Phones and communications Computers and accessories Net Income Average Assets $4,500,000 $ 20,000,000
QS 22-11 Computing residual income LO A1 Investment Center Cameras and camcorders Phones and communications Computers and accessories Net Income Average Assets $4,500,000 $ 20,000,000 1,500,000 12,500,000 800,000 10,000,000 Assume a target income of 12% 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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