Savad Ch 20, 21 & 22 Help Save & Exit Submit www. The following information applies to the questions displayed below) Megamart, a retailer of consumer goods, provides the following information on two of its departments (each considered an investment center Investment Center Electronics Sporting goods Galen Incana $42.240,000 $3,160,000 23,120,000 2,312,000 warnge Invested Ansata 717,600,000 13.600.000 1. Compute return on investment for each department. Using return on investment, which department is most efficient at using assets to generate returns for the company? 2. Assume a target Income level of 11% of average invested assets. Compute residual income for each department. Which department generated the most residual income for the company? 3. Assume the Electronics department is presented with a new investment opportunity that will yield a 15% return on investment Should the new investment opportunity be accepted? Complete this question by entering your answers in the tabs below. non Required information Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Compute return on investment for each department using return on investment, which department is most efficient at using assets to generate returns for the company? Return on investment Return on investment Choosa Numerator: Choose Denominator Net Income 1 Average invested assets Electronics Sporting Goods Which department is most efficient at using assets to generous for the company Return on investment Required 2 > Required Information The following information applies to the questions displayed below. Megamart, a retailer of consumer goods, provides the following information on two of its departments (each considered an investment center Inventant Center Eletronica Sporting Goods Tne 542.240.000 $3,168,000 21, 120,000 2.312,000 Average Invested Aasta $17.600,000 13,600.000 Compute profit margin and Investment tumover for each department which department generates the most net income per dollar of sales? Which department is most efficient at generating sales from average Invested assets? Complete this question by entering your answers in the tabs below. Profit. Margir Investment Turnover