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Liz Raiborn Incorporated has the following financial results for the years 2022 through 2024 for...

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Question

Accounting

Liz Raiborn Incorporated has the following financial results for the years $2022$ through $2024$ for its three regional divisions:

$2022 2023 2024$

Revenue

Southwest $ $14, 425$ $ $21, 525$ $ $25, 525$

Midwest $6, 225 6, 525 6, 725$

Southeast $11, 925 12, 525 12, 825$

Total $ $32, 575$ $ $40, 575$ $ $45, 075$

Net Operating Income

Southwest $ $625$ $ $725$ $ $875$

Midwest $775 1, 125 1, 075$

Southeast $525 725 1, 125$

Total $ $1, 925$ $ $2, 575$ $ $3, 075$

Average Total Assets

Southwest $ $13, 525$ $ $13, 725$ $ $16, 325$

Midwest $4, 225 3, 725 3, 725$

Southeast $4, 825 5, 125 5, 125$

Total $ $22, 575$ $ $22, 575$ $ $25, 175$

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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