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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
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 Division Cheese Division $2,700 $4,493 2,612 4,419 2,700 368 3,944 653 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: = Return on Investment Investment Center = Return on investment Beverage Cheese 1 1 = = < Required 1 Required 2 >
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