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 Invested assets, ending Sales Operating income Beverage Cheese Division Division $2,662 $4,455 2,593 4,400 2,681 3,925 3491 634 Check my work Assume that each of the company's divisions has a required rate of return of 7%. Compute residual income for each division. (Enter your answers in millions.) ($ millions) Targeted return Target income Beverage Cheese 9 < Prev 12 of 13 Next >