Required information 5 (The following information applies to the questions displayed below. Megamart, a retailer of consumer goods, provides the following information on two of its departments (each considered an investment center). 2 02:28:21 Investment Center Electronics Sporting goods Average Invested Sales Income Assets $44,500,000 $3,560,000 $17,800,000 26,220,000 2,622,000 13,800,000 eBook 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 11% 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 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 Choose Numerator: 1 Denominator: Return on Investment Return on Investment 1 Electronics 1 Sporting / Goods Which department is most efficient at using assets to generate returns for the company? Required 1 Required 2 > Required 1 Required 2 Required 3 Assume a target income level of 11% of average invested assets. Compute residual income for each department. Which department generated the most residual income for the company? Electronics Sporting Investment Center Goods Net income Target net income Residual income Which department is most efficient at using assets to generate returns for the company? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 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? Should the new investment opportunity be accepted?