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A food manufacturer reports the following for two of its divisions for a recent year....

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Accounting

A food manufacturer reports the following for two of its divisions for a recent year. ($ millions) Beverage Division Cheese Division Invested assets, beginning $ 2,685 $ 4,480 Invested assets, ending 2,605 4,412 Sales 2,693 3,937 Operating income 361 646 Assume that each of the companys divisions has a required rate of return of 8%. Compute residual income for each division. (Enter your answers in millions.)

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