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. ($ millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,681 2,603 2,691 359 Cheese Division $4,476 4,410 3,935 Assume that each of the company's divisions has a required rate of return of 7%. Compute residual income for each division (Enter your answers in millions.) (5 millions) Beverage Cheese Targeted return Target income Residual Income Beverage Cheese Residual income Apple Inc. reports the following for three of its geographic segments for a recent year. ($ millions) Operating income Sales Americas $ 30,684 96,600 Europe $16,514 54,938 China $17,032 44,764 Compute profit margin for each division. (Round your answers to 1 decimal place.) Profit Margin Americas Europe China % %