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. (Smillions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,750 2,650 2,689 357 Cheese Division $5,200 5, 100 3,933 642 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 1 Choose Denominator: Choose Numerator: Return on Investment Investment Center 1 Return on investment = Beverage Cheese 1 1 = 7 Part 1 of 2 Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.) 0.38 points A food manufacturer reports the following for two of its divisions for a recent year. (Smillions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,750 2,650 2,689 357 Cheese Division $5,200 5, 100 3,933 642 eBook et Hint Exercise 22-12 Return on investment LO A1, A2 Ask 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Required 3 Compute profit margin. (Enter your answers in millions.) Choose Numerator: Profit Margin 1 Choose Denominator: : 1 Profit Margin Profit margin Investment Center Beverage Cheese ! Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below. A food manufacturer reports the following for two of its divisions for a recent year. ($millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,750 2,650 2,689 357 Cheese Division S5, 200 5, 100 3,933 642 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.) Choose Numerator: Investment Turnover 1 Choose Denominator: 1 Investment Turnover Investment turnover Investment Center 1 Beverage Cheese 1
