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please complete 1-3 [The following information applies to the questions displayed below.) A food manufacturer reports the following for two of its divisions for a
please complete 1-3 [The following information applies to the questions displayed below.) A food manufacturer reports the following for two of its divisions for a recent year. (5 millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $ 2,662 2,593 2,681 349 Cheese Division $ 4,455 4,400 3, 925 634 Exercise 09-12 Return on investment LO A1, A2 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 Required 2 Required 3 Compute return on investment. (Enter your answers in millions.) Choose Numerator Operating income Return on investment Choose Denominator Average invested assets 7 Return on investment Retum on investment Investment Center Beverage Cheese 0 Operating income 349 634 Exercise 09-12 Return on investment LO A1, A2 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.) os Choose Numerator: Profit Margin 1 Choose Denominator: Investment Center Beverage Cheese Profit Margin Profit margin 1 0 1 0
please complete 1-3
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