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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 Cheese Division Division $2,680 $4,473 2,602 4,409 2,690 358 3,934 643 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 = = Required
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