The following information is provided for each Investment Center. Investment Center Cameras Income $ 5,700,000 Phones...
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The following information is provided for each Investment Center. Investment Center Cameras Income $ 5,700,000 Phones Computers 2,028,000 900,000 Average Assets $ 27,200,000 16,900,000 12,200,000 Assume a target income of 12% of average assets. Compute residual income for each center. Note: Enter losses with a minus sign. Residual income (loss) Cameras Phones Computers The following information is provided for each Investment Center. Investment Center Cameras Income $ 5,700,000 Phones Computers 2,028,000 900,000 Average Assets $ 27,200,000 16,900,000 12,200,000 Assume a target income of 12% of average assets. Compute residual income for each center. Note: Enter losses with a minus sign. Residual income (loss) Cameras Phones Computers
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