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 Electronies Sporting goods Sales Income 44.500,000 $3.560.000 26,220,000 2.622,000 Average Invested Assets $17,800,000 1,800,000 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 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 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 investment Choose Denominator: Choose Numerator Return on Rebum on Investment 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 $46,500,000 $3,560,000 26,220,000 2,622,000 Average Invested Assets $17,800,000 1 3,800,000 Compute profit margin and investment turnover for each department. Which department generates the most net income per dollar of sales? Which department is most efficient at generating sales from average invested assets? Complete this question by entering your answers in the tabs below. Profit Margin Investment Turnover Compute profit margin for each department, which department generates the most net income per dollar of sales? Profit Margin Choose Denominator Profit Margin Profit Margin Choose Numerator: Investment Center Electronics Sporting Goods Which department generates the most income per dolar of sales? Investment Turnover >