Use the following information for the Exercises below. (Algo) Skip to question [The...
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Accounting
Use the following information for the Exercises below. (Algo)
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[The following information applies to the questions displayed below.] A manufacturer reports the following for two of its divisions for a recent month.
| Beverage Division | Cheese Division | |
|---|---|---|
| Average assets | $ 6,400 | $ 12,100 |
| Sales | 3,210 | 5,280 |
| Income | 726 | 1,010 |
Exercise 9-12 (Algo) Computing ROI, profit margin, and investment turnover LO A1, A2
For each division, compute: 1. return on investment. 2. profit margin. 3. investment turnover.
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