7 T Part 2 of 2 Required information [The following information applies to the questions displayed below.] A manufacturer reports the following for two of its divisions for a recent month. 11.11 points Beverage Division Cheese Division Skipped Average assets Sales Income $ 5,000 3,000 600 $ 10,000 5,000 800 eBook Assume that each of the company's divisions has a target income at 7% of average assets. Compute residual income for each division. Beverage Cheese Target Income Hint Targeted return Target income Print Residual Income Beverage Cheese References Residual income