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! Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] A manufacturer reports
! Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] A manufacturer reports the following for two of its divisions for a recent month. Beverage Division Cheese Division Average assets Sales $ 8,200 $ 14,800 3,480 Income 888 5,640 1,280 Exercise 22-12 (Algo) Computing ROI, profit margin, and investment turnover LO A1, A2 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 Return on Investment Numerator: Denominator: = Return on investment = = < Required 1 Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute profit margin. Division Beverage Cheese Profit Margin Numerator: / Denominator: = Profit margin = = < Required 1 Required 3 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute investment turnover. Division Beverage Cheese Investment Turnover Numerator: Denominator: 1 = Investment turnover = = < Required 2 Required 3 >
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