Question

Required Information Use the following information for the Exercises below. The following information applies to the questions displayed below A food manufacturer reports the following for two of its divisions for a recent year Beverage Division Cheese ($mi1lions) Division Invested assets, $ 3,350 $6,400 beginning Invested assets, ending 6,300 3,945 760 3,250 2,701 Sales Operating income 369 Exercise 22-12 Return on investment LO A1, A2 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

Answer 1

Retum o nuestment Numerator/Denoinato Retcern on 9uestment avest ent Center /3300 6350 t369 +60 everage cheese

Prapft margn Nemerater Denominaton ly TovestmentCenter 13.66.1 2701 369 Reverage Squs 19.261 cheese restoenttunover Numerate /Denonsinaternest Turnas nuectmert center Beverage $2F0 $3300 0.82 cheese 1:1 Bq45/ 350 0.62

|coortng lotes Net 9ncome Average cpaatng assets Average cperat ing assets Reginning+ ending nuested assets cheese $6350 Beverage 43300 Average cparating assets Gu0otd600 $3350+3250 2 2 pDPit oargi Netoperat ina mcomexioo Net sale Investoent -turnoves Net sales AUerageaperating assets