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A food manufacturer reports the following for two of its divisions for a recent year Beverage Division Cheese Division ($millions) Invested assets, beginning Invested assets,
A food manufacturer reports the following for two of its divisions for a recent year Beverage Division Cheese Division ($millions) Invested assets, beginning Invested assets, ending Sales Operating income $ 2,701 2,613 2,701 369 $ 4,494 4,420 3,945 654 1. Compute return on investment 2. Compute profit margin 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below Required 1 Required 2 E Required3 Compute profit margin. (Enter your answers in millions.) Profit Margin Choose Numerator: Choose Denominator: Profit Margin Profit margin Investment Center Beverage Cheese
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