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The Crunchy Granola Company is a diversified food company that specializes in all natural foods. The company has three operating divisions organizer as Investment centers.

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The Crunchy Granola Company is a diversified food company that specializes in all natural foods. The company has three operating divisions organizer as Investment centers. Condensed data taken from the records of the three divisions for the year ended June 30, 2017, are as follows: Sales Cost of goods sold Operating expenses Invested assets Cereal Division Snack Cake Division Retail Bakeries Division $26,300,000 $8,300,000 $9,850,000 16,660,000 5,535,000 6,780,000 8,325,000 2018,000 2,282,000 6,575,000 2,713,667 4,925,000 The management of The Crunchy Granola Company is evaluating each division as a basis for planning a future expansion of operations, a The Crunchy Granola Company Divisional Income Statements For the Year Ended June 30, 2017 Cereal Division Snack Cake Division Retail Bakeries Division Sales 3 Cost of goods sold Gross profit Operating expenses 16 Income from operations 2. Using the DuPont formula for return on investment compute the profit margin, investment furnover, and return on investment for each division, required, round your final answers to one decimal place. Division Profit Margin ROI Investment Turnover % Coreal % Snack Cake % Retail Bakeries 3. If available funds permit the expansion of operations of only one division, which of the divisions would you recommend for expansion, based on parts (1) and (2)

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