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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 Division $2,662 2,593 2,681 349 Cheese Division $4,455 4,480 3,925 634 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute return on investment. (Enter your answers in millions.) Choose Numerator (Operating income Return on Investment Choose Denominator: 1 Average invested assets Investment Center Beverage Cheese Return on Investment Return on investment 11 1 0 0 ogled Required 2 Required information [The following information applies to the questions displayed below.) A food manufacturer reports the following for two of its divisions for a recent year. ($ millions) Beverage Cheese Division Invested assets, beginning Division $2,662 Invested assets, ending $4,455 2,593 Sales 4,400 Operating income 2,681 3,925 349 634 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute profit margin. (Enter your answers in millions.) Choose Numerator: Profit Margin Choose Denominator: Profit Margin Investment Center Profit margin Beverage Cheese 1 0 / 0 Required information The following information applies to the questions displayed below.) A food manufacturer reports the following for two of its divisions for a recent year. ($ millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,662 2,593 2,681 349 Cheese Division $4,455 4,400 3,925 634 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.) Chooso Numerator: Investment Turnover 1 Choose Denominator: Investment Turnover Investment Center 11 Investment turnover Beverage Cheese = 0 Il 0
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