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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 the
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 $ 6,400 Sales 3,210 $ 12,100 5,280 Income 726 1,010 Exercise 9-12 (Algo) Computing ROI, profit margin, and investment turnover LO A1 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. Return on Investment Numerator: Denominator: Division Income 1 Income Beverage Cheese Return on investment 0 Required 2>
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