Hp Save & Exit 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 otto of 821100) (Smillions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Cheese Division Division $2.450 $4,600 4,500 2.6833 ,927 351 2,350 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.) (5 millions) Average assets Targeted return Target income Residual income Operating income Less: Target income Residual Beverage Cheese $ 2.400 $ 4,550 8% 8% is 192 $ 364 Beverage Cheese $ 3515 1921 1595