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Help su Required information {The following information applies to the questions displayed below.) A food manufacturer reports the following for two of its divisions for

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Help su 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. (5 millions) Invested assets, beginning Tnvested assets, ending Sales Operating income Beverage Division $ 2,695 2.610 2,698 Cheese Division $ 4,489 4,417 3,942 366 651 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.) Beverage Cheese (5 millions) Average assets Targeted return Target income Residual Income Operating income Plus: Target Income Residual income Beverage Cheese

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