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19-2. Liz Raiborn Inc. has the following financial results for the years 2019 through 2021 for its three regional divisions: 2019 2020 2021 Revenue Southwest
19-2. Liz Raiborn Inc. has the following financial results for the years 2019 through 2021 for its three regional divisions:
2019 | 2020 | 2021 | |||||||
Revenue | |||||||||
Southwest | $ | 14,550 | $ | 21,650 | $ | 25,650 | |||
Midwest | 6,350 | 6,650 | 6,850 | ||||||
Southeast | 12,050 | 12,650 | 12,950 | ||||||
Total | $ | 32,950 | $ | 40,950 | $ | 45,450 | |||
Net Operating Income | |||||||||
Southwest | $ | 750 | $ | 850 | $ | 1,000 | |||
Midwest | 900 | 1,250 | 1,200 | ||||||
Southeast | 650 | 850 | 1,250 | ||||||
Total | $ | 2,300 | $ | 2,950 | $ | 3,450 | |||
Average Total Assets | |||||||||
Southwest | $ | 13,650 | $ | 13,850 | $ | 16,450 | |||
Midwest | 4,350 | 3,850 | 3,850 | ||||||
Southeast | 4,950 | 5,250 | 5,250 | ||||||
Total | $ | 22,950 | $ | 22,950 | $ | 25,550 |
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. (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.)
2021 2019 2020 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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