Kraft Foods Group reports the following for two of its divisions for a recent year. All numbers

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Kraft Foods Group reports the following for two of its divisions for a recent year. All numbers are in millions of dollars.

For each division, compute
(1) Return on investment,
(2) Profit margin,
(3) Investment turnover for the year. Round answers to two decimal places.

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Fundamental Accounting Principles

ISBN: 978-0077862275

22nd edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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Question Posted: Apr 23, 2015 03:21 AM

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Kraft Foods Group reports the following for two of its divisions for a recent year. All numbers

Question:

( millions) Invested assets, beginning Invested assets, ending. . Sales . . Operating income. Beverage Division $2,662 2,593 2,68 Cheese Division $4,455 4,400 3,925 634 349

Step by Step Answer:

1 Investment center Operating income Average assets Return on investment Beverage ...View the full answer

Fundamental Accounting Principles

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