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. Beverage Division $2,676 2,60e 2,688 Cheese Division $4,469 4,407 3,932 Smillions) Invested assets, beginning Invested assets, ending Sales Operating income 641 356 1. Compute return on investment. 2. Compute profit margin 3. Compute investment turnover for the year Required Required 2 Required 3 Compute return on investment. (Enter your answers in millions.) Return on Investment Choose Numerator: Choose Denominator: Return on Investment Investment Center Operating income Beverage Cheese Average invested assets Return on investment 0 Required 1Requied Required 3 Compute profit margin. (Enter your answers in millions.) Profit Margin Choose Numerator: Choose Denominator: Profit Margin Profit margin Sales Investment Center Operating income Beverage Cheese 0 0 Required 1 Required 2Required 3 Compute investment turnover for the year. (Enter your answers in millions.) Investment Turnover Choose Denominator: Investment Turnover Choose Numerator: Investment Center Sales Beverage Cheese Operating income Investment turnover Assume that each of the company's divisions has a required rate of return of 7%. Compute residual income for each division. (Enter your answers in millions.) ($ millions) Beverage Cheese Targeted return Target income Residual Income Beverage Cheese Residual income