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An investment center has income of $3,000,000 and average assets of $25,000,000. If the company has a target income of 12% of average assets, then residual income for the investment center is:

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Based on the income of the investment center and the average assets, the center's residual income is $0.

What is the residual income for the center?

First find the target income:

= 12% x Average assets

= 12% x 25,000,000

= $3,000,000

The residual income is:

= Income - Target income

= 3,000,000 - 3,000,000

= $0

Find out more on residual income at https://brainly.com/question/25895372.

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