Required information Use the following information for the Exercises below. (Static) [ The following information applies to the questions displayed below. ] Megamart provides the following information on its two investment centers. Investment Center Sales Income Average Assets Electronics $ 46,666,666 $ 2,886,666 $ 16,666,666 Sporting goods 26,666,666 2,646,666 12,666,666 Exercise 9-10 (Static) Computing return on investment and residual income; investing decision LO A1 1. Compute return on investment for each center. Using return on investment, which center is most efficient at using assets to generate income? 2. Assume a target income of12% of average assets. Compute residual income for each center. Which center generated the most residual income? 3. Assume the Electronics center is presented with a new investment opportunity that will yield a 15% return on investment. Should the new investment opportunity be accepted? The target return is 12%. CT.) 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?Complete this question by entering your answers in the tabs below. Required 1. Required 2 Required 3 Assume a target income of 12% of average assets. Compute residual income for each center. Which center generated the most residual income? Income Less target income Residual income Which center generated the most residual income? ( Required1 Required3 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Assume the Electronics center is presented with a new investment opportunity that will yield a 15% return on investment. Should the new investment opportunity be accepted? The target return is 12%. Should the new investment opportunity be accepted? E\"