a food manufacturer reports the following for two of its devisions for a recent year.

Required information The following information applies to the questions displayed below.) A food manufacturer reports the following for two of its divisions for a recent year. ($ millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,696 2,610 2,698 366 Cheese Division $4,489 4.417 3.942 651 Assume that each of the company's divisions has a required rate of return of 7%. Compute residual income for each division (Enter your answers in millions.) 15 millions) Beverage Cheese Targeted return Target income Residual income Beverage Cheese Residual income