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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 Cheese Division Division Average assets $ 8,600 $ 15,400 Sales 3,540 5,720 Income 924 1,340 \\ Exercise 24-12 (Algo) Computing ROI, profit margin, and investment turnover LO A1, A2 For each division, compute: 1. return on investment. 2. prot 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. - - Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute profit margin. Profit Margin Numerator: 1 Denominator: Division = Profit margin Beverage = Cheese Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute investment turnover. wI -H -E
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