22-12

cise 22-11 on investment Kraft Foods Group reports the following for two of its divisions for a recent year. All numbers are in millions of dollars. Beverage Division Cheese Division millions) $4,455 Invested assets, beginning $2,662 Invested assets, ending. 2,593 4,400 3,925 Sales 2,681 349 634 Operating income For each division, compute ()return on investment, (2) profit margin, and (3) investment turnover for the year. Round answers to two decimal places