Divisional Income Statements and Return on Investment Analysis The Crunchy Granola Company is a diversified food company that specializes in all natural foods. The company has three operating divisions organized as investment centers. Condensed data taken from the records of the three divisions for the year ended June 30 , 20Y7, 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 divisions, assuming that there were no support department 1. Prepare condensed divisional income statements for the three divisions, assuming that there were no support department allocations. 2. Using the DuPont formula for return on investment, compute the profit margin, investment turnover, and retum on investment for each division. If required, round your answers to one decimal place. 2. Using the DuPont formula for return on investment, compute the profit margin, investment turnover, and return on investment for each division. If required, round your answers to one decimal place. 3. When faced with limited funds for expansion, management should consider an expansion of the Division