! Required Information [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). Investment Center Electronics Sporting goods Sales Income $63,460, eee $3,173,000 19,850,00 2,286,288 Average Invested Assets $16,780,00 12,780,000 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 12% 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? 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 1 Choose Denominator: Choose Numerator: Return on Investment Return on Investment = Electronics 1 Sporting Goods 1 Which department is most efficient at using assets to generate returns for the company? Required 1 Required 2 >