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Compute return on investment and investment turnover

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Reference no: EM132317277

Question :

A food manufacturer reports the following for two of its divisions for a recent year.

($millions)

Beverage
Division

Cheese
Division

Invested assets, beginning

$3,250

$6,200

Invested assets, ending

3,150

6,100

Sales

2,699

3,943

Operating income

367

652

please use the information given to do the questions below

1. Compute return on investment.

2. Compute profit margin.

3. Compute investment turnover for the year

Reference no: EM132317277

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