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Retail Stores Internet Catalog Sales Sales revenue $10,120,000 $4,070,000 $3,400,000 Variable expenses 4,070,000 1,620,000 1,920,000 Direct fixed expenses 4,570,000 1,120,000 1,320,000 Average assets 8,070,000

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Retail Stores Internet Catalog Sales Sales revenue $10,120,000 $4,070,000 $3,400,000 Variable expenses 4,070,000 1,620,000 1,920,000 Direct fixed expenses 4,570,000 1,120,000 1,320,000 Average assets 8,070,000 *4,070,000 1,610,000 Required rate of return) 12% 12% 12% (a) Calculate the current residual income for each distribution channel. (If the residual income is a loss then enter with a negative sign preceding the number, eg.-5,125 or parenthesis, eg. (5,125).) Retail $ Online $ Catalog Residual Income

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