Question: Please answer this question clearly. Required information [The following information applies to the questions displayed below.] A food manufacturer reports the following for two of
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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 $2,681 2,603 2,691 359 Cheese Division $4,476 4,410 3,935 644 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.) Return on Investment 1 Choose Denominator: Return on Investment Choose Numerator: Investment Center Beverage Cheese Return on investment 1 Rre 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. (s millions) Beverage Cheese Division Division Invested assets, beginning $2,681 $4,476 Invested assets, ending 2,683 4,410 Sales 2,691 3,935 Operating income 359 644 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute profit margin. (Enter your answers in millions.) Profit Margin 1 Choose Denominator: Choose Numerator: Investment Center Beverage Cheese Profit Margin Profit margin 1 1 / ! Required information [The following information applies to the questions displayed below.) A food manufacturer reports the following for two of its divisions for a recent year. ($ millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,681 2,603 2,691 359 Cheese Division $4,476 4,410 3,935 644 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: Choose Numerator: Investment Center Beverage Cheese Investment Turnover Investment turnover 1
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