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Exercise 19-22 (Static) Return on Investment; Different Measures for Total Assets; Spreadsheet Analysis [LO 19-1] Alex Chunn Incorporated has the following financial data for
Exercise 19-22 (Static) Return on Investment; Different Measures for Total Assets; Spreadsheet Analysis [LO 19-1] Alex Chunn Incorporated has the following financial data for 2022 for its three regional divisions: Region Operating Income North Atlantic Mid Atlantic South Atlantic $ 65,000 40,000 30,000 Historical Cost Net Book Value $ 250,000 290,000 100,000 Gross Book Value $450,000 310,000 180,000 Current Cost Replacement Liquidation Cost Value $990,000 $ 350,000 380,000 445,000 650,000 980,000 Required: a. Calculate return on sales (ROS) for each division for 2022. The sales in the North Atlantic, Mid Atlantic, and South Atlantic regions are $2,350,000, $1,450,000, and $500,000, respectively. b. Calculate asset turnover (AT) and return on investment (ROI) for each of the four measures of investment. Complete this question by entering your answers in the tabs below. Required A Required B Calculate asset turnover (AT) and return on investment (ROI) for each of the four measures of investment. (Do not round Intermediate calculations. Round your answers to 2 decimal places.) Historical Cost Current Cost Net Book Value Gross Book Value: Replacement Cost Liquidation Value Asset turnover (AT) North Atlantic Mid Atlantic South Atlantic Return on investment (ROI) North Atlantic Mid Atlantic % %
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