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The following information is provided for each division. Investment Center Net Income Cameras and camcorders $ 4,700,000 Phones and communications 2,590,000 Computers and accessories 1,150,000

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The following information is provided for each division. Investment Center Net Income Cameras and camcorders $ 4,700,000 Phones and communications 2,590,000 Computers and accessories 1,150,000 Average Assets $ 23,300,000 18,500,000 10,000,000 Assume a target income of 14% of average invested assets. Required: Compute residual income for each division (Enter losses with a minus sign.) Target Income Cameras and Camcorders 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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