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QS 24-11 Computing residual income LO A1 Investment Center Net Income Average Assets Cameras and camcorders Phones and communicat Computers and accessories $5,850,000 2,590,000 800,000
QS 24-11 Computing residual income LO A1 Investment Center Net Income Average Assets Cameras and camcorders Phones and communicat Computers and accessories $5,850,000 2,590,000 800,000 27,800,000 18,500,000 12,000,000 ions Assume a target income of 14% of average invested assets. Required: Compute residual income for each division. (Enter losses with a minus sign.) Cameras andPhones and Computers and Camcorders CommunicationsAccessories Target Income Targeted return Target income Residual Income Cameras andPhones and Computers and Camcorders CommunicationsAccessories Residual income (loss)
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