($ millions) Beverage Division Cheese Division Invested assets, beginning $ 2,669 $ 4,462 Invested assets, ending 2,597 4,404 Sales 2,685 3,929 Operating income 353 638 rev: 11_25_2020_QC_CS-242542 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year

                                            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

an important city to the south and the region's capital is c. kiev

answer; sensory adaptation;