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Required informatiorn Use the following information for the Exercises below. The following information applies to the questions displayed below) Megamart, a retailer of consumer goods,

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Required informatiorn Use the following information for the Exercises below. The following information applies to the questions displayed below) Megamart, a retailer of consumer goods, provides the following information on two of its departments investment center). Average Invested Assets Income Investment Center Sales Electronics Sporting goods 18,904,000 2,363,000 13,900,000 $42,960,000 $3,222,000 $17,900,000 Exercise 9-10 Computing return on investment and residual income; investing decision LO A1 1. Compute return on investm to generate returns for the company? 2. Assume a target come generated the most residual income for the company? ent for each department. Using return on investment, which department is most efficient at using assets level of 12% of average invested assets. Compute residual inco me for each department which department 4% return on investmen Assume the Electronics department is presented with a ne Should the new investment opportunity be accepted? investment opportunity that will yield a 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:Return on Investment Return on Investment Choose Numerator Sporting Goods Which department is most efficient at using assets to generate returns for the

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