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Required information [The following information applies to the questions displayed below.] The following information is provided for each Investment Center. Investment Center Cameras Phones

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Required information [The following information applies to the questions displayed below.] The following information is provided for each Investment Center. Investment Center Cameras Phones Computers Income $ 5,900,000 1,859,000 900,000 Average Assets $ 24,800,000 14,300,000 19,800,000 Assume a target income of 13% of average assets. Compute residual income for each center. (Enter losses with a minus sign.) Target Income Targeted return Target income Residual Income Residual income (loss) Cameras Cameras % Phones Phones % Computers Computers %

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