A food manufacturer reports the following for two of its divisions for a recent
ID: 2438172 • Letter: A
Question
A food manufacturer reports the following for two of its divisions for a recent year.
1. Compute return on investment.
2. Compute profit margin.
3. Compute investment turnover for the year.
Compute return on investment. (Enter your answers in millions.)
Compute profit margin. (Enter your answers in millions.)
Compute investment turnover for the year. (Enter your answers in millions.)
($millions) Beverage Division Cheese Division Invested assets, beginning $ 2,675 $ 4,468 Invested assets, ending 2,599 4,406 Sales 2,687 3,931 Operating income 355 640
1. Compute return on investment.
2. Compute profit margin.
3. Compute investment turnover for the year.
Compute return on investment. (Enter your answers in millions.)
Return on Investment Choose Numerator: / Choose Denominator: = Return on Investment Investment Center / = Return on investment Beverage / = Cheese / =Explanation / Answer
1.
2.
3.
Return on Investment Investment Center Operating Income / Average Invested Assets = Return on Investment Beverage 355 2,637 13.5 % Cheese 640 4,437 14.4 %Related Questions
Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.