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Accounting

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A food manufacturer reports the following for two of its divisions for a recent year. ($millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,662 2,593 2,681 349 Cheese Division $4,455 4,400 3,925 634 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. Required 1 Required 2 Required 3 Compute return on investment. (Enter your answers in millions.) Return on Investment 1 Choose Denominator: Choose Numerator: Return on Investment Return on investment Investment Center Beverage Cheese Required 1 requires Required 2 Required 2 Required 3 Required a Compute profit margin. (Enter your answers in millions.) Profit Margin Choose Denominator Profit Margin Profit margin Choose Numerator: Investment Center Beverage Cheese Required 1 Required 2 Required 3 Compute investment turnover for the year. (Enter your answers in millions.) Investment Turnover Choose Denominator: Choose Numerator: Investment Turnover Investment turnover Investment Center Beverage Cheese ( Required 2 Required 3

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