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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 | $ | 2,695 | $ | 4,488 | |||
Invested assets, ending | 2,609 | 4,416 | |||||
Sales | 2,697 | 3,941 | |||||
Operating income | 365 | 650 | |||||
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. (Erwer your answers in millions. Return on Inve Choose Denominator: Return on Investment Return on investment Investment Center Beverage Cheese Required 2 > - 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.) Profit Margin Choose Denominator Choose Numerator: Profit Margin Profit margin Investment Center Beverage Cheese | 550 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.) Investment Turnover Choose Numerator: Choose Denominator: Investment Turnover Investment turnover Investment Center Beverage Cheese
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