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Liz Raiborn Incorporated has the following financial results for the years 2022 through 2024 for its three regional divisions: 2022 2023 2024 Revenue Southwest $
Liz Raiborn Incorporated has the following financial results for the years 2022 through 2024 for its three regional divisions:
2022 | 2023 | 2024 | |
---|---|---|---|
Revenue | |||
Southwest | $ 14,725 | $ 21,825 | $ 25,825 |
Midwest | 6,525 | 6,825 | 7,025 |
Southeast | 12,225 | 12,825 | 13,125 |
Total | $ 33,475 | $ 41,475 | $ 45,975 |
Net Operating Income | |||
Southwest | $ 925 | $ 1,025 | $ 1,175 |
Midwest | 1,075 | 1,425 | 1,375 |
Southeast | 825 | 1,025 | 1,425 |
Total | $ 2,825 | $ 3,475 | $ 3,975 |
Average Total Assets | |||
Southwest | $ 13,825 | $ 14,025 | $ 16,625 |
Midwest | 4,525 | 4,025 | 4,025 |
Southeast | 5,125 | 5,425 | 5,425 |
Total | $23,475 | $ 23,475 | $ 26,075 |
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 2022, 2023, and 2024. (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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