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! Required information Use the following information for the Exercises below. (The following information applies to the questions displayed below.) A food manufacturer reports the
! Required information Use the following information for the Exercises below. (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) Beverage Cheese Division Division Invested assets, beginning 2,665 $ 4,458 Invested assets, ending 2,595 4,402 2,683 3,927 Operating income $ Sales 351 636 Exercise 22-12 Return on investment LO A1, A2 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 1 Required 2 Required 3 Compute return on investment. (Enter your answers in millions.) Choose Numerator: Return on Investment Choose Denominator: Return on investment Exercise 22-12 Return on investment LO A1, A2 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 1 Required 2 Required 3 Compute return on investment. (Enter your answers in millions.) Return on Investment Return on Investment Choose Numerator: 1 Choose Denominator: Investment Center Operating income / Beverage 3511 Cheese $ 63611 Return on investment = 0 0 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 1 Required 2 Required 3 Compute profit margin. (Enter your answers in millions.) ces Profit Margin 2 Choose Denominator: Choose Numerator: Profit Margin Profit margin Investment Center 1 / 0 Beverage Cheese = 0 Exercise 22-12 Return on investment LO A1, A2 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 1 Required 2 Required 3 Compute Investment turnover for the year. (Enter your answers in millions.) ces Choose Numerator: Investment Turnover 1 Choose Denominator: 11 Investment Turnover 1 Investment Center Beverage Cheese Investment turnover 1 Il 0 0
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