Question: Chapter 22 Help Save & Exit Check m 11 O Required information (The following information applies to the questions displayed below) A food manufacturer reports

 Chapter 22 Help Save & Exit Check m 11 O Required

Chapter 22 Help Save & Exit Check m 11 O 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 Part 2 of 2 .25 oints Beverage Division (smillions) Divieion 4.458 4,402 Invested assets, beginning Invested assets, ending Sales Operating income $2,665 2,595 2,683 3.927 351 636 eBook Print Assume that each of the company's divisions has a required rate of return of 8%. Compute residual income for each division. (Ent your answers in millions) (S millions) Cheese Targeted return Target income esidual Income Beverage heese Residual income

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