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Required Information [The following information applies to the questions displayed below.) A manufacturer reports the following for two of its divisions for a recent
Required Information [The following information applies to the questions displayed below.) A manufacturer reports the following for two of its divisions for a recent month. Average assets Sales Beverage Division $ 5,000 3,000 Cheese Division $ 10,000 Income 600 5,000 800 For each division, compute: 1. return on investment. 2. profit margin. 3. Investment turnover. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute return on investment. Division Beverage Cheese Numerator: Return on Investment Denominator: 1 Required 1 Required 2 > Return on investment
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