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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. (5
[The following information applies to the questions displayed below) A food manufacturer reports the following for two of its divisions for a recent year. (5 millions) Beverage Cheese Division Division Invested assets, beginning $2,689 $4,484 Invested assets, ending 2,607 4,414 Sales 2,695 3,939 Operating income 363 648 Exercise 09-12 Return on investment LO A1, A2 1. Compute return on investment. 2. Compute profit margin 3. Compute investment tumover for the year, Complete this question by entering your answers in the tabs below. Exercise 09-12 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. Required 1 Required 2 Required 3 Compute return on investment. (Enter your answers in millions.) Choose Numerator: Return on Investment Choose Denominator: Investment Center Return on Investment Retum on investment Beverage Cheese 4 1 Required 2 > Exercise 09-12 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. Required 1 Required 2 Required 3 Compute profit margin. (Enter your answers in millions.) Profit Margin Choose Denominator: Choose Numerator: Investment Center Beverage Cheese Profit Margin Profit margin 1 Exercise 09-12 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. Required 1 Required 2 Required 3 Compute investment turnover for the year. (Enter your answers in millions.) Investment Turnover 1 Choose Denominator Investment Turnover Choose Numerator: Investment Center Beverage Cheese 1 Investment turnover 1
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