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please answer the whole question and correctly so that I can write answers without any problem. please don't give answers without knowing that it's correct
please answer the whole question and correctly so that I can write answers without any problem. please don't give answers without knowing that it's correct or not?
Divisional income statements and return on investment analysis Instructions Divisional Income Statements Final Questions Instructions 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, 2017, are as follows: Sales Cereal Division $27,300,000 16,660.000 Snack Cake Division $8.420,000 5.570,000 Retail Bakeries Division $9.750,000 6.735.000 2.235,000 Cost of goods sold Operating expenses Invested assets 2.260,600 9,548,000 5.460,000 2,105,000 4,875,000 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 service department charges 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 final answers to one decimal place. 3. If available funds permit the expansion of operations of only one division, which of the divisions would you recommend for expansion, based on parts (1) and (2) Divisional Income Statements 1. Prepare condensed divisional income statements for the three divisions, assuming that there were no service department charges The Crunchy Granola Company Divisional Income Statements For the Year Ended June 30, 2017 1 Cereal Division Snack Cake Division Retail Bakeries Division 1 Sales 3 Cost of goods sold 4 Gross profit 5 Operating expenses 6 Income from operations Final Questions 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 final answers to one decimal place Division Profit Margin Investment Turnover ROI Cereal % Snack Cake Retail Bakeries % 3. if available funds permit the expansion of operations of only one division, which of the divisions would you recommend for expansion, based on parts (1) and (2) Cereal Retail Bakeries Snack CakeStep by Step Solution
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