Liz Raiborn Incorporated has the following financial results for the years 2022 through...
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Liz Raiborn Incorporated has the following financial results for the years 2022 through 2024 for its three regional divisions: 2022 2023 2024 Revenue Southwest Midwest Southeast $ 14,800 6,600 12,300 $ 33,700 $ 21,900 6,900 12,900 $ 41,700 $ 25,900 7,100 13,200 $ 46,200 Total Net Operating Income Southwest Midwest Southeast $ 1,000 1,150 900 $ 3,050 $ 1,100 1,500 1,100 $ 3,700 $ 1,250 1,450 1,500 $ 4,200 Total Average Total Assets Southwest Midwest Southeast Total $ 13,900 4,600 5,200 $23, 700 $ 14,100 4,100 5,500 $ 23,700 $ 16,700 4,100 5,500 $ 26,300 Required: Calculate return on sales (ROS), asset turnover (AT), and return on investment (ROI) for each division and also for the firm as a whole for each of the three years 2022, 2023, and 2024. (Note: Due to rounding your percentages, the totals for the firm might not be the actual total of the individual divisions.) (Round "Asset turnover (AT)" answers to 3 decimal places and other answers to 1 decimal place.) Required: Calculate return on sales (ROS), asset turnover (AT), and return on investment (ROI) for each division and also for the firm as a whole for each of the three years 2022, 2023, and 2024. (Note: Due to rounding your percentages, the totals for the firm might not be the actual total of the individual divisions.) (Round "Asset turnover (AT)" answers to 3 decimal places and other answers to 1 decimal place.) 2022 2023 2024 Return on sales (ROS) Southwest Midwest Southeast Firm % % % % % % % % % % % % Asset turnover (AT) Southwest Midwest Southeast Firm Return on investment (ROI) Southwest Midwest Southeast Firm % % % % % % % % % % %
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