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). Average Investment Center Electronics Sales Income Sporting goode $40,500,000 $2,916,000 20,740,000 2,074,000 Invented Ansats $16,200,000 12,200,000 es 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 11 Required 2 Required 3