Question
Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] The following information
Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] The following information is provided for each Investment Center. Investment Center Incone Cameras Phones Computers $ 4,500,000 2,196,000 1,150,000 Average Assets $ 29,600,000 18,300,000 10,200,000 QS 22-13 (Algo) Computing residual income LO A1 Assume a target income of 12% of average assets. Compute residual income for each center. (Enter losses with a minus sign.) Target Income Cameras Phones Computers Targeted retur % % Target income Residual Income Cameras Phones Computers
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