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A food manufacturer reports the following for two of its divisions for a recent year Beverage Division Cheese ($ millions) Division Invested assets, beginning Invested
A food manufacturer reports the following for two of its divisions for a recent year Beverage Division Cheese ($ millions) Division Invested assets, beginning Invested assets, ending $2,676 $4,469 2,600 2,688 4,407 Sales 3,932 Operating income 356 641 . Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Required Required 3 Required 2 Compute return on investment. (Enter your answers in millions.) Return on Investment IChoose Denominator: Choose Numerator: Return on Investment Investment Center Return on investment Beverage Cheese II Required 1 Required 2 Required 3 Compute profit margin. (Enter your answers in millions.) Profit Margin IChoose Denom inator: Profit Margin Choose Numerator: Profit margin Investment Center Beverage Cheese II Required 1 Required 3 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 Cheese
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