Liz Raiborn Inc. has the following financial results for the years 2019 through 2021 for...

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Accounting

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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