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A food manufacturer reports the following for two of its divisions for a recent year. ($millions) Beverage Division Cheese Division Invested assets, beginning $ 3,350
A food manufacturer reports the following for two of its divisions for a recent year.
($millions) | Beverage Division | Cheese Division | |||||
Invested assets, beginning | $ | 3,350 | $ | 6,400 | |||
Invested assets, ending | 3,250 | 6,300 | |||||
Sales | 2,701 | 3,945 | |||||
Operating income | 369 | 760 | |||||
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: 1 Choose Numerator: Return of Investment w Return on investment Investment Center 1 Beverage Cheese Ronald Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 WWE Required 3 Compute profit margin. (Enter your answers in millions.) Prolit Margin 1 Choose Denominator: Choose Numerator: Profit Margin Profit margin Investment Center 1 1 Beverage Cheese 1 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.) Investment Turnover 1 Choose Denominator: 1 Choose Numerator: Investment Turnover Investment turnover Investment Center Beverage Cheese 1
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