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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
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 Cheese ($mi1lions) Division Invested assets, $ 3,350 $6,400 beginning Invested assets, ending 6,300 3,945 760 3,250 2,701 Sales Operating income 369 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 Complete this question by entering your answers in the tabs below. Required 2 Required 3 Required 1 Compute return on investment. (Enter your answers in millions.) Return on Investment Choose Denominator: Return on Investment Choose Numerator: Retun on investment Investment Center Beverage Cheese Required 2 Compute profit margin. (Enter your answers in millions.) Profit Margin Profit Margin Choose Numerator: Choose Denominalor: 7 Investment Center Profit margin Beverage Cheese
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