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Will rate for quick answer! ! Required information [The following information applies to the questions displayed below.] A food manufacturer reports the following for two
Will rate for quick answer!
! 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 $2,669 2,597 2,685 353 Cheese Division $4,462 4,404 3,929 638 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Required 1 Required 2 Required 3 Compute return on investment. (Enter your answers in millions.) Return on Investment Choose Numerator: 1 Choose Denominator: II Return on Investment Investment Center / II Return on investment Beverage 1 II Cheese / = Required 1 Required 2 > Required 1 Required 2 Required 3 Compute profit margin. (Enter your answers in millions.) Profit Margin Choose Numerator: 1 Choose Denominator: = Profit Margin Profit margin Investment Center 1 II Beverage / = Cheese / II Required 1 Required 2 Required 3 Compute investment turnover for the year. (Enter your answers in millions.) Investment Turnover Choose Numerator: 1 Choose Denominator: = Investment Turnover Investment Center 1 11 Investment turnover Beverage 1 = Cheese / =Step by Step Solution
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