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The following information is provided for each Investment Center. QS 22-13 (Algo) Computing residual income LO A1 Assume a target income of 14% of average

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The following information is provided for each Investment Center. QS 22-13 (Algo) Computing residual income LO A1 Assume a target income of 14% of average assets. Compute residual income for each center. (Enter losses with a minus sign.) A company's division has sales of $2.580,000, income of $903,000, and average assets of $1,720,000. Compute the division's profit margin, retum on investment, and investment turnover

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