Question
A food manufacturer reports the following for two of its divisions for a recent year. ($ millions) Invested assets, beginning Invested assets, ending Sales Operating
A food manufacturer reports the following for two of its divisions for a recent year. ($ millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Cheese Division Division $2,676 $4,469 2,600 4,407 2,688 3,932 356 641 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute return on investment. (Enter your answers in millions.) Return on Investment Choose Numerator: Choose Denominator: Return on Investment Investment Center = Return on investment Beverage Cheese search Required 2 SAMSUNG A food manufacturer reports the following for two of its divisions for a recent year. ($ millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Cheese Division Division $2,676 $4,469 2,600 4,407 2,688 3,932 356 641 Compute return on investment. - Compute profit margin. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute profit margin. (Enter your answers in millions.) Choose Numerator: Investment Center Beverage Cheese ch Profit Margin Choose Denominator: Profit Margin Profit margin 1 A food manufacturer reports the following for two of its divisions for a recent year. ($ millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division Cheese Division $2,676 $4,469 2,600 4,407 2,688 3,932 356 641 Compute return on investment. Compute profit margin. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute investment turnover for the year. (Enter your answers in millions.) Choose Numerator: Investment Center Beverage Cheese arch Investment Turnover Choose Denominator: 1
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