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. Cheese Beverage Division ($ millions) Division $4,480 4,412 3,937 646 Invested assets, beginning Invested assets, ending $2,685 2,605 2,693 361 Sales Operating income 1. Compute return on investment 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 2 Required 3 Required 1 Compute return on investment. (Enter your answers in millions.) Return on Investment Choose Numerator: Choose Denominator: / Return on Investment Investment Center / Return on investment Beverage Cheese / Required 1 Required 2 Required 3 Compute profit margin. (Enter your answers in millions.) Profit Margin Profit Margin Choose Numerator: / Choose Denominator: Profit margin Investment Center Beverage Cheese Required 1 Required 2 Required 3 Compute investment turnover for the year. (Enter your answers in millions.) Investment Turnover Choose Numerator: / Choose Denominator: Investment Turnover Investment Center Investment turnover Beverage Cheese Assume that each of the company's divisions has a required rate of return of 8%. Compute residual income for each division. (Enter your answers in millions.) ($ millions) Beverage Cheese Targeted return Target income Residual Income Beverage Cheese Residual income