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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. Beverage Division $2,750 Cheese Division $5,200 ($millions) Invested assets, beginning Invested assets, ending Sales Operating income 2,650 2,689 357 5,100 3,933 642 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required Required Required 1 | 2 | 3 Compute return on investment. (Enter your answers in millions.) Choose Numerator: Return on Investment Choose Denominator: Return on Investment Return on investment Investment Center Beverage Cheese Required Required Required Compute profit margin. (Enter your answers in millions.) Choose Numerator: Profit Margin Choose Denominator: Profit Margin Profit margin Investment Center Beverage Cheese Reauired Required Required Required 3 2 Compute investment turnover for the year. (Enter your answers in millions.) Choose Numerator: Investment Turnover Choose Denominator: Investment Turnover Investment turnover Investment Center Beverage Cheese
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