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A food manufacturer reports the following for two of its divisions for a recent year. A food manufacturer reports the following for two of its
A food manufacturer reports the following for two of its divisions for a recent year. 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 $2,696 2,610 2,698 366 Cheese Division $4,489 4,417 3,942 651 1. Compute return on investment. 2. Compute profit margin. 3. Compute Investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute return on investment. (Enter your answers in millions.) Return on investment Choose Denominator Choose Numerator: Return on Investment Return on investment Investment Center Beverage Cheese A food manufacturer reports the following for two of its divisions for a recent year. ($ millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,696 2,610 2,698 366 Cheese Division $4,489 4,417 3,942 651 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute profit margin. (Enter your answers in millions.) Profit Margin Choose Denominator: Choose Numerator: 1 Profit Margin Profit margin 11 Investment Center Beverage Cheese A food manufacturer reports the following for two of its divisions for a recent year. ($ millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,696 2,610 2,698 366 Cheese Division $4,489 4,417 3,942 651 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 Investment turnover for the year. (Enter your answers in millions.) Choose Numerator: Investment Turnover Choose Denominator: Investment Turnover Investment turnover Investment Center 1 Beverage Cheese 1
A food manufacturer reports the following for two of its divisions for a recent year.
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