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Unformatted text preview: Income from operations 2. Rate of return on = Profit margin x Investment turnover investment (ROI) Rate of return on = Income from operations x Sales investment (ROI) Sales Invested Assets Bread Division: ROI = x = Snack Cake Division: ROI = x = Retail Bakeries Division: ROI = x = 3. Instructions Bread Division Snack Cake Division Bakeries Division...
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This note was uploaded on 05/02/2011 for the course ACC 121 taught by Professor Thomas during the Spring '08 term at Baker MI.
- Spring '08