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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 following

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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 following for two of its divisions for a recent year. Beverage Cheese ($millions) Division Division Invested assets, beginning $3,200 $6,100 Invested assets, ending 3,100 6,000 Sales 2,698 3,942 Operating income 366 710 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 Return on investment 1 Investment Center Beverage Cheese 1 1 Required Required 2 > Inves Sales Operating income 2,698 366 3,942 710 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 profit margin. (Enter your answers in millions.) Profit Margin 1 Choose Denominator: Choose Numerator: + Profit Margin Profit margin / Il Investment Center Beverage Cheese 1 1

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