Westonci.ca makes finding answers easy, with a community of experts ready to provide you with the information you seek. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.
Sagot :
Answer:
Beverage Division Cheese Division
1. Return on investment 12.89% 18.25%
2. Profit margin 13.15% 16.24%
3. Investment turnover 1.02 0.89
Explanation:
a) Data and Calculations:
Beverage Division Cheese Division
Invested assets, beginning $ 2,669 $ 4,462
Invested assets, ending 2,597 4,404
Average invested assets $ 2,633 $ 4,433
Sales 2,685 3,929
Operating income 353 638
Return on investment 12.89% 18.25%
Profit margin 13.15% 16.24%
Investment turnover 1.02 0.89
Return on investment = Profit margin/Investment turnover
Beverage = 13.15%/1.02 = 12.89%
Cheese = 16.24%/0.89 = 18.25%
Profit margin = Operating income/Sales * 100
Beverage = $353/2,685 * 100 = 13.15%
Cheese = $638/3,929 * 100 = 16.24%
Investment turnover = Sales/Average invested assets
Beverage = $2,685/$2,633 = 1.02
Cheese = $3,929/$4,433 = 0.89
We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.