Required Information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below) Megamart provides the following information on its two investment centers Investment Center Electronics Sporting goods Sales $ 32,600,000 15.244.000 Average Assets $ 16,300,000 12,300,000 Exercise 9-10 (Algo) Computing return on Investment and residual Income; Investing decision LO A 1. Compute retum on investment for each center. Using return on investment, which center is most efficient at using assets to ge income? 2. Assume a target income of 12% of average assets. Compute residual income for each center. Which center generated the mos residual income? 3. Assume the Electronics center is presented with a new investment opportunity that will yield a 14% return on investment. Shoul new investment opportunity be accepted? The target return is 12%. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute return on investment for each center. Using return on investment, which center is most efficient at using assets to generate income? Return on Investment Numerator Denominator Return on investment Electronics Sporting Goods Which center is most efficient at using assets to generate income? Required 2 >