Question - Kraft Foods Group reports the following for two of its divisions for a recent year. All numbers are in millions of dollars.
|
($ millions)
|
Beverage Division
|
Cheese Division
|
|
Invested assets, beginning
|
$3,050
|
$7,650
|
|
Invested assets, ending
|
2,950
|
7,350
|
|
Sales
|
3,900
|
6,000
|
|
Operating income
|
702
|
1,350
|
Required -
1. Compute return on investment.
2. Compute profit margin.
3. Compute investment turnover for the year.