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The following information is provided for each division. Investment Center Net Income Average Assets Cameras and camcorders $ 6,150,000 $ 24,200,000 Phones and communications 2,926,000

The following information is provided for each division.

Investment Center Net Income Average Assets
Cameras and camcorders $ 6,150,000 $ 24,200,000
Phones and communications 2,926,000 20,900,000
Computers and accessories 950,000 10,800,000

Assume a target income of 14% of average invested assets. Required: Compute residual income for each division. (Enter losses with a minus sign.)

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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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