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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 | $ | 14,500 | $ | 21,600 | $ | 25,600 | |||
Midwest | 6,300 | 6,600 | 6,800 | ||||||
Southeast | 12,000 | 12,600 | 12,900 | ||||||
Total | $ | 32,800 | $ | 40,800 | $ | 45,300 | |||
Net Operating Income | |||||||||
Southwest | $ | 700 | $ | 800 | $ | 950 | |||
Midwest | 850 | 1,200 | 1,150 | ||||||
Southeast | 600 | 800 | 1,200 | ||||||
Total | $ | 2,150 | $ | 2,800 | $ | 3,300 | |||
Average Total Assets | |||||||||
Southwest | $ | 13,600 | $ | 13,800 | $ | 16,400 | |||
Midwest | 4,300 | 3,800 | 3,800 | ||||||
Southeast | 4,900 | 5,200 | 5,200 | ||||||
Total | $ | 22,800 | $ | 22,800 | $ | 25,400 | |||
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.)
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