Required: Fill in the blanks: (Round "Return on sales", "Asset turnover" and "Return on investment"...
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Accounting
Required: Fill in the blanks: (Round "Return on sales", "Asset turnover" and "Return on investment" answers to 2 decimal places.) Division Y N Sales $ $ 375,000 37,500 150,000 600,000 240,000 Operating income Investment (assets) 1,980,000 Return on sales % % 0.50 % Asset turnover 1.70 Return on investment % 4.00 % % 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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