Chapter 9 question 11A good manufacturer reports the following for two of its divisions for a recent year as seen in the picture

Check my ($ millions ) Beverage Cheese Division Division Invested assets, beginning $2, 664 $4, 457 Invested assets, ending 2, 594 4, 401 Sales 2, 682 3,926 Operating income 350 635 Assume that each of the company's divisions has a required rate of return of 6%. Compute residual income for each division. (Enter your answers in millions.) ($ millions) Beverage Cheese Targeted return Target income Residual Income Beverage Cheese Residual income