Liz Raiborn Inc. has the following financial results for the years 2019 through 2021 for its three

Question:

Liz Raiborn Inc. has the following financial results for the years 2019 through 2021 for its three regional divisions:

2019 2020 2021 Revenue $14,900 6,700 12,400 $22,000 $26,000 7,200 13,300 Southwest Midwest 7,000 Southeast 13,000 $42,00


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 2019, 2020, and 2021.

Asset Turnover
Asset turnover is sales divided by total assets. Important for comparison over time and to other companies of the same industry. This is a standard business ratio.
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Related Book For  book-img-for-question

Cost Management A Strategic Emphasis

ISBN: 9781259917028

8th Edition

Authors: Edward Blocher, David F. Stout, Paul Juras, Steven Smith

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