Required Information [The following Information applies to the questions displayed below.] Megamart provides the following Information on its two Investment centers. Investment Center Electronics Sales Sporting goods $ 40,000,000 20,000,000 Income $ 2,880,000 2,040,000 Average Assets $ 16,000,000 12,000,000 1. Compute return on Investment for each center. Using return on Investment, which center is most efficient at using assets to generate Income? 2. Assume a target Income of 12% of average assets. Compute residual Income for each center. Which center generated the most residual Income? 3. Assume the Electronics center is presented with a new Investment opportunity that will yield a 15% return on Investment. Should the new Investment opportunity be accepted? The target return is 12%. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute return on investment for each center. Using return on investment, which center is most efficient at using assets to generate income? Numerator: Return on Investment Denominator: Electronics Sporting Goods Which center is most efficient at using assets to generate income? = Return on Investment = Required 1 Required 2 >