Divisional income statements and retum on investment analysis The Crunchy Granola Company is a diversified food company that specializes in ali natural foods. The company has three operating divisions organized as inveltment centers. Condensed data taken from the records of the three divisions for the year ended June 30, 2077, are as follows: The management of The Crunchy Granola Company is evaluating each division as a basis for planning a future expansion of operations. Required 1. Prepare condensed divisional income statements for the three divisiont, assuming that there were no support department aflocations: The tnanagement of The Crunchy Granola Company is evaluating each division as a basis for planning a future expansion of operations. Requiredt 1. Prepare condensed divisional income statements for the three divisions, assuming that there were no support department allocations. 2. Using the Duphont formula for refurn on investmeot, compute the profit margin, investment tumover, and return an investment for each division, If required, found your answers to one decimal place