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Required: 1. Prepare condensed divisional income statements for the three divisions, assuming that there were no support department allocations. The Crunchy Granola Company Divisional Income

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Required: 1. Prepare condensed divisional income statements for the three divisions, assuming that there were no support department allocations. The Crunchy Granola Company Divisional Income Statements For the Year Ended June 30, 2017 Retail Cereal Snack Cake Bakeries Division Division Division Sales $ Cost of goods sold Gross profit $ S $ Operating expenses Operating income $ 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. Division Profit Margin Investment Turnover ROI Cereal Division % % Snack Cake Division % % Retail Bakeries Division % %

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