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A manufacturer reports the following for two of its divisions for a recent month. Beverage Division Average assets Sales Income $ 7,800 Cheese Division
A manufacturer reports the following for two of its divisions for a recent month. Beverage Division Average assets Sales Income $ 7,800 Cheese Division $14,200 3,420 5,560 852 1,220 Exercise 24-12 (Algo) Computing ROI, profit margin, and investment turnover LO A1, A2 For each division, compute: 1. return on investment. 2. profit margin. 3. investment turnover. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute return on investment. Return on Investment Numerator: Denominator: Division Beverage Cheese = Return on investment = = Compute profit margin. Division Beverage Cheese Numerator: Profit Margin Denominator: = Profit margin " " Compute investment turnover. Investment Turnover Numerator: Denominator: Division Beverage Cheese Investment tumover
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