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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 month.
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. 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. Compute return on investment. 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. Compute profit margin. 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. Compute investment turnover. Assume that each of the company's divisions has a target income at 7% of average assets. Compute residual income for each division. \begin{tabular}{|l|c|c|} \hline Target Income & Beverage & Cheese \\ \hline & & \\ \hline Targeted return & & \\ \hline Target income & & \\ \hline Residual Income & Beverage & Cheese \\ \hline & & \\ \hline & & \\ \hline Residual income & & \\ \hline \end{tabular}
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