Required information 2.77 The following information applies to the ions displayed below.] 8 02:45:09 A manufacturer reports the following for two of its divisions for a recent month. Cheese Average assets ivision $ 3, 380 5 13, 080 -BOOK Sales 1, 180 For each division, compute: . profit margin. B. investment turnover Complete this question by entering your answers in the tabs below . Required 1 Required 2 Required 3 Compute return on investment. Return on Investment Numerator : 1 Denominator: Division Return on investment Beverage Cheese Required 1 Required 2 Required 3 Compute profit margin . Profit Margin Numerator : Denominator Division Profit margin Beverage Cheese Required 1 Required 2 Required 3 Compute investment turnover. Investment Turnover Numerator: Denominator: Division Investment turnover Beverage Cheese Required information Part 1 of 2 The following information applies the questions displayed below. ] The following information is provided for each Investment Center . 2.77 points Investment Center Cameras Income Average Assets 6,409,808 $ 25,480, 608 8 02:44.35 Computers 1, 208 , 068 10, 408, 008 Compute return h investment center. Which center performed the best based on return on Complete this question by entering your answers in the tabs below Return on Performance Compute return on investment for each investment center. (Round your final answer to 1 decimal place.) Investment Center Income Average Return on Investment Cameras $ 6,400,000 $ 25,400,000 Phones 2,730.000 19.500.000 Computers 1,200,000 10.400,000 Investment Ba Which center performed the best based on return on investment ? Which center performed the best based on return on investment? Required information Part 2 of 2 The following information applies to the questions displayed below.] The following information is provided for each Investment Center. 2:77 Investment Center Cameras Income Average Assets 8 02:44:11 Phones $ 25, 5081 809 Computers 1, 208 , 080 10 , 400 , 808 Assume a target income of 14% of average assets. Compute residual income for each center. (Enter losses with a minus sign.) Target Income Computers Targeted return Residual Income Residual income (loss)