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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 Division $3,000 2,900 2,694 362 Cheese Division $5,700 5,600 3,938 ($millions) Invested assets, beginning Invested assets, ending Sales Operating income 647 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. Answer is not complete. 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. X Answer is not complete. 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: Choose Denominator: Investment Center Return on investment Beverage 2,900 8 12.48% 2$ 362 %3D 11.55% Cheese 5,600 647 Required 1 Required 2 > 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Requred 2 Required 1 Required 3 Compute profit margin. (Enter your answers in millions.) Profit Margin I Choose Denominator: Choose Numerator: Profit Margin Investment Center Profit margin Beverage %3D Cheese Required 1 Required 3 II Required lnformation I.COmpuLC ICUIIUI mVeJuItI IL. 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 3 Required 2 Compute investment turnover for the year. (Enter your answers in millions.) Investment Turnover I Choose Denominator: Choose Numerator: Investment Turnover Investment Center Investment turnover Beverage Cheese 0. %3D

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