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A manufacturer reports the following for two of its divisions for a recent month. Beverage Division Cheese Division Average assets $ 8,800 $ 15,700 Sales
A manufacturer reports the following for two of its divisions for a recent month.
Beverage Division | Cheese Division | |
---|---|---|
Average assets | $ 8,800 | $ 15,700 |
Sales | 3,570 | 5,760 |
Income | 942 | 1,370 |
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 Compute return on investment. Return on Investment Numerator: 1 Denominator: Division / Return on investment Beverage 1 Cheese 1 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute profit margin. Profit Margin 1 Denominator: Numerator: Division Profit margin / Beverage Cheese 1 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute investment turnover. Investment Turnover Numerator: 1 Denominator: Division / Investment turnover Beverage 1 CheeseStep by Step Solution
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