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[The following information applies to the questions displayed below.] A food manufacturer reports the following for two of its divisions for a recent year.
[The following information applies to the questions displayed below.] A food manufacturer reports the following for two of its divisions for a recent year. ($ millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Cheese Division Division $2,697 $4,490 2,611 4,418 2,699 367 3,943 652 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. Required 1 Required 2. Required 3 Compute return on investment. (Enter your answers in millions.) Return on Investment Choose Numerator: Choose Denominator: Return on Investment Investment Center Return on investment Beverage Cheese
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