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What in the world am I missing here - cant seem to figure out this residual income for each division.... 08 22-10 Computing residual income

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What in the world am I missing here - cant seem to figure out this residual income for each division....

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08 22-10 Computing residual income LO A1 Investment Center Net Income Average Assets Cameras and camcorders $4,500,000 $20,000,000 Phones and communications 1,500,000 12,500,000 Computers and accessories 000,000 10,000,000 Assume a target income of 12% of average invested assets. Required: Compute residual income for each division. 0 Answer is not complete. $ 20,000,000 0 $ 12,500,000 0 $ 10,000,000 9 Targeted return 12% a 12% Target income $ 2,400,000 0 $ 1,500,000 $ 1,200,000 Net income 9 $ 4,500,000 9 $ 1,500,000 0 $ 000,000 9 Less: Target income 9 {2,400,000} 0 {1,500,00010 {1,200,000} 9

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