Required information [The following information applies to the questions displayed below] The following information is provided for each Investment Center. Investment Center Cameras Phones Computers Income Less: Target income Compute return on investment for each investment center. Which center performed the best based on return on investment? 4 (less) $ Income $6,350,000 1,806,000 1,100,000 S Cameras Average Assets $ 28,700,000 12,900,000 17,000,000 6,350,000 $ 3,444,000 (2.906.000) $ Phones 1,806,000 $ 216,720 (1,589,280) $ Computers 1,100,000 132,000 (968,000)
Required information [The following information applies to the questions displayed below] The following information is provided for each Investment Center. Investment Center Cameras Phones Computers Income Less: Target income Compute return on investment for each investment center. Which center performed the best based on return on investment? 4 (less) $ Income $6,350,000 1,806,000 1,100,000 S Cameras Average Assets $ 28,700,000 12,900,000 17,000,000 6,350,000 $ 3,444,000 (2.906.000) $ Phones 1,806,000 $ 216,720 (1,589,280) $ Computers 1,100,000 132,000 (968,000)
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 9PB: Joliet Company is considering two alternative investments. The company requires an 18% return from...
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![help now please.
!
Required information
[The following information applies to the questions displayed below]
The following information is provided for each Investment Center.
Investment Center
Cameras
Phones
Computers
Income
Less: Target income
Residual income (loss)
$
Income
$ 6,350,000
1,806,000
1,100,000
$
Compute return on investment for each investment center. Which center performed the best based on return on investment?
A
3
Cameras
6,350,000 $
3,444,000
(2,906,000) $
Average Assets
$ 28,700,000
12,900,000
17,000,000
Phones
Ĉ
1,806,000 $
216,720
(1,589,280) $
Computers
1,100,000
132,000
(968,000)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2c67ada6-49e0-424d-a357-5a17426a044c%2F3b4ed049-0ff3-4f2e-98ff-8da8e7a0de76%2Frc6qlb5_processed.jpeg&w=3840&q=75)
Transcribed Image Text:help now please.
!
Required information
[The following information applies to the questions displayed below]
The following information is provided for each Investment Center.
Investment Center
Cameras
Phones
Computers
Income
Less: Target income
Residual income (loss)
$
Income
$ 6,350,000
1,806,000
1,100,000
$
Compute return on investment for each investment center. Which center performed the best based on return on investment?
A
3
Cameras
6,350,000 $
3,444,000
(2,906,000) $
Average Assets
$ 28,700,000
12,900,000
17,000,000
Phones
Ĉ
1,806,000 $
216,720
(1,589,280) $
Computers
1,100,000
132,000
(968,000)
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