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Use the following information for the Exercises below. (Algo) Skip to question [The following information applies to the questions displayed below.] A manufacturer reports the

Use the following information for the Exercises below. (Algo)

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[The following information applies to the questions displayed below.] A manufacturer reports the following for two of its divisions for a recent month.

Beverage Division Cheese Division
Average assets $ 6,400 $ 12,100
Sales 3,210 5,280
Income 726 1,010

Exercise 9-12 (Algo) Computing ROI, profit margin, and investment turnover LO A1, A2

For each division, compute: 1. return on investment. 2. profit margin. 3. investment turnover.

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