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The following information is provided for each division. Investment Center Cameras and camcorders Phones and communications Computers and accessories Net Income $4,800,000 1,806,000 1,200,000 Average

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The following information is provided for each division. Investment Center Cameras and camcorders Phones and communications Computers and accessories Net Income $4,800,000 1,806,000 1,200,000 Average Assets $ 21,200,000 12,900,000 18,600,000 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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