Larson Inc. operates with three divisions: Naperville, Metropolitan and Urbana. Below are selected results for each division over the last two fiscal years.

a. Calculate Return on Assets (ROA) for Cecil Inc. in 2021 and 2020 (report percentages rounded two decimals).

b. Calculate Return on Sales (ROS) for Cecil Inc. in 2021 and 2020 (report percentages rounded two decimals).

c. Industry Averages are 15% for ROA and 10% for ROS in 2021 and 2020. Discuss Cecil Inc.s performance trends and results compared to industry averages (discuss performance, do not repeat calcs from above).

2021 22,500,000 15,300,000 9,500,000 2020 19,600,000 12,500,000 8,700,000 1,900,000 1,100,000 1,100,000 1,800,000 900,000 1,050,000 Revenues: Naperville Metropolitan Urbana Operating Income: Naperville Metropolitan Urbana Average Total Assets: Naperville Metropolitan Urbana Number of Managers: Naperville Metropolitan Urbana 10,000,000 8,000,000 4,500,000 9,500,000 6,500,000 4,300,000 15 9 12 5 10 10