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The following information is provided for each division Cameras and camcorders Thones and communionton Computers and accessories 55,750,000 2,364,000 1,000,000 Average Auto 1 25.700,000 19,700,000
The following information is provided for each division Cameras and camcorders Thones and communionton Computers and accessories 55,750,000 2,364,000 1,000,000 Average Auto 1 25.700,000 19,700,000 10,800,000 Assume a target income of 12% of average invested assets. Required: Compute residual income for each division (Enter losses with a minus sign.) Target Income Cameras and Camcorder Phones and Communications Computers and Accessories % % Targeted return Target income Residual Income Cameras and Camcorders Phones and Communications Computers and Accessories Residual income (loss)
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