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  3. based on the above, a manufacturer reports the fol

Based on the above, a manufacturer reports the following for two of its divisions for...

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Accounting

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Based on the above, a manufacturer reports the following for two of its divisions for a recent month. What is the profit margin for the beverage division? (Hint: Profit margin = incomersales) 10% 20% 30% (D) 40% Question 4 Based on the above information, the investment turnover for the Cheese Division would be 0.60 0.20 0,10 0.50 Using the same information from above. Assume that the Cheese Division has a target income of 7% of average assets. What would be the residual income of the Cheese Division? (Hint : Ri = Aincome - ( Average Assets * 790)1. $600 $250 $800 5700 $100

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