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Beverage Division $2,800 2,700 2,690 358 Cheese Division $5,300 5,200 3,934 643 (Smillions) Invested assets, beginning Invested assets, ending Sales Operating income Assume that each

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Beverage Division $2,800 2,700 2,690 358 Cheese Division $5,300 5,200 3,934 643 (Smillions) Invested assets, beginning Invested assets, ending Sales Operating income Assume that each of the company's divisions has a required rate of return of 8.00%. Compute residual income for each division. (Enter your answers in millions.) (S millions) Beverage Cheese Targeted retun Target income Residual Income Beverage Cheese Residual income

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