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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 $ 2,672

A food manufacturer reports the following for two of its divisions for a recent year.

($millions) Beverage Division Cheese Division
Invested assets, beginning $ 2,672 $ 4,465
Invested assets, ending 2,598 4,405
Sales 2,686 3,930
Operating income 354 639

1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year.

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Complete this question by entering your answers in the tabs below. Required 1 Required 3 Required 2 Compute return on investment. (Enter your answers in millions.) Return on Investment IChoose Denominator: Return on Investment Choose Numerator: Investment Center Operating income 354 Average invested assets Return on investment Beverage 0 Cheese $ 639 0 Complete this question by entering your answers in the tabs below. Required 3 Required 1 Required 2 Compute profit margin. (Enter your answers in millions.) Profit Margin IChoose Denominator: Choose Numerator: Profit Margin Profit margin Investment Center Beverage Cheese 0 Complete this question by entering your answers in the tabs below. Required 3 Required 1 Required 2 Compute investment turnover for the year. (Enter your answers in millions.) Investment Turnover Choose Denominator: Choose Numerator: Investment Turnover Investment Center Investment turnover Beverage 0 Cheese 0

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