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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 Income Average
Required information [The following information applies to the questions displayed below. ] The following information is provided for each Investment Center. Investment Center Income Average Assets Cameras $ 6,700,000 $ 20,300,000 Phones 2,086,000 14,900,000 Computers 900,000 19,000,000 Assume a target income of 14% of average assets. Compute residual income for each center. (Enter losses with a minus sign.)
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