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 Division Cheese Division Invested assets, beginning $ 2,688 $ 4,481 Invested assets, ending 2,606 4,413 Sales 2,694 3,938 Operating income 362 647
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 Return on Investment Choose Numerator: Choose Denominator: Investment Center Average invested assets Beverage Cheese = Return on investment 0 0
Required 2 >
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