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just need help on the last part. Thank you! Required information [The following information applies to the questions displayed below.] A food manufacturer reports the
just need help on the last part. Thank you!
Required information [The following information applies to the questions displayed below.] A food manufacturer reports the following for two of its divisions for a recent year. ($ millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,665 2,595 2,683 351 Cheese Division $4,458 4,402 3,927 636 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute return on investment. (Enter your answers in millions.) Return on Investment Choose Numerator: 1 Choose Denominator: Investment Center Operating income 1 Average invested assets Beverage $ 351 $ 2,630 = Cheese $ 6361 $ 4,430 Return on Investment Return on investment 13.35% 14.36% Required information [The following information applies to the questions displayed below.) A food manufacturer reports the following for two of its divisions for a recent year. ($ millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,665 2,595 2,683 351 Cheese Division $4,458 4,402 3,927 636 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute profit margin. (Enter your answers in millions.) Profit Margin Choose Denominator: Choose Numerator: Profit Margin 1 Sales Investment Center Operating income Beverage $ $ Profit margin 13.08% 351 $ 2,683 3,927 Cheese 636 / $ 16.20% Required 1 Required 3 Required information (The following information applies to the questions displayed below.) A food manufacturer reports the following for two of its divisions for a recent year. ($ millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,665 2,595 2,683 351 Cheese Division $4,458 4,402 3,927 636 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute investment turnover for the year. (Enter your answers in millions.) Investment Turnover Choose Numerator: 1 Choose Denominator: Investment Center Sales 1 Average invested assets Beverage $ 2,683 1$ 2,630 = Cheese $ 3,927 1 $ 4,430 Investment Turnover Investment turnover 1.02 = 0.89Step by Step Solution
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