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 $42,960,000 $3,222,890 18,994,000 2,363,000 Average Invested Assets $17,990,000 13,990,000 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 investmen Choose Denominator: Choose Numerator: Return on Investment Retum on Investment Electronics Sporting Goods Which department is most efficient at using assets to generate returns for the company? Required 2 > Homework Saved LILU Required information Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 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 Sporting Goods Investment Center Electronics Net income Target net income Residual income Which department is most efficient at using assets to generate returns for the company? Rece he connect. meducation.com Nicourses - Black Top rato Mail-da ket Treyton My Drive - Google. Homework i Saved MOULIE U WIVEL HILVIC ICVCI VI ILNVI UYCIUC HIVESCU USCIS. LVIVULC ICOUUU HIILITE TUE CULI UCU Required information Snoon me new mvesument opportunity ve accepteu: Complete this question by entering your answers in the tabs below. Required 1 Required 2. Required 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? Should the new investment opportunity be accepted? Required 2