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Compute investment turnover for the year

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

($ millions)

Beverage Division

Cheese Division

Invested assets, beginning

$3,050

$7,650

Invested assets, ending

2,950

7,350

Sales

3,900

6,000

Operating income

702

1,350

Required -

1. Compute return on investment.

2. Compute profit margin.

3. Compute investment turnover for the year.

Reference no: EM131604695

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