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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 $

A food manufacturer reports the following for two of its divisions for a recent year. ($ millions) Beverage Division Cheese Division Invested assets, beginning $ 2,685 $ 4,480 Invested assets, ending 2,605 4,412 Sales 2,693 3,937 Operating income 361 646 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year.

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Principles Of Food Beverage And Labor Cost Controls

Principles Of Food Beverage And Labor Cost Controls

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