Question
Liz Raiborn Inc. has the following financial results for the years 2019 through 2021 for its three regional divisions: 2019 2020 2021 Revenue Southwest $
Liz Raiborn Inc. has the following financial results for the years 2019 through 2021 for its three regional divisions:
2019 | 2020 | 2021 | |||||||
Revenue | |||||||||
Southwest | $ | 14,600 | $ | 21,700 | $ | 25,700 | |||
Midwest | 6,400 | 6,700 | 6,900 | ||||||
Southeast | 12,100 | 12,700 | 13,000 | ||||||
Total | $ | 33,100 | $ | 41,100 | $ | 45,600 | |||
Net Operating Income | |||||||||
Southwest | $ | 800 | $ | 900 | $ | 1,050 | |||
Midwest | 950 | 1,300 | 1,250 | ||||||
Southeast | 700 | 900 | 1,300 | ||||||
Total | $ | 2,450 | $ | 3,100 | $ | 3,600 | |||
Average Total Assets | |||||||||
Southwest | $ | 13,700 | $ | 13,900 | $ | 16,500 | |||
Midwest | 4,400 | 3,900 | 3,900 | ||||||
Southeast | 5,000 | 5,300 | 5,300 | ||||||
Total | $ | 23,100 | $ | 23,100 | $ | 25,700 | |||
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.)
2019 2020 2021
Return on Sales (ROS)
Southwest % % %
Midwest % % %
Southeast % % %
Firm % % %
Asset turnover
Southwest
Midwest
Southeast
Firm
Return on Investment (ROI)
Southwest % % %
Midwest % % %
Southeast % % %
Firm % % %
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