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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
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 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Beverage Cheese Division Division $2,696 $4,489 2,610 4,417 2,698 3,942 366 651 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: Choose Denominator: Investment Center 1 Beverage Cheese 1 Return on Investment = Return on investment = = < Required 1 Required 2 > Required 1 Required 2 Required 3 Compute profit margin. (Enter your answers in millions.) Choose Numerator: Investment Center Beverage Cheese Profit Margin Choose Denominator: = 1 1 II = II = = Profit Margin Profit margin < Required 1 Required 3 > Required 1 Required 2 Required 3 Compute profit margin. (Enter your answers in millions.) Choose Numerator: Investment Center Beverage Cheese Profit Margin Choose Denominator: = 1 1 II = II = = Profit Margin Profit margin < Required 1 Required 3 > Required 1 Required 2 Required 3 Compute investment turnover for the year. (Enter your answers in millions.) Investment Turnover Choose Numerator: I Choose Denominator: = Investment Turnover Investment Center 1 = Investment turnover Beverage I = Cheese 1 = < Required 2 Required 3
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