Liz Raiborn Incorporated has the following financial results for the years 2022 through 2024 for...
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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 $ 14,750 6,550 12,250 $ 33,550 $ 21,850 6,850 12,850 $ 41,550 $ 25,850 7,050 13, 150 $ 46,050 Revenue Southwest Midwest Southeast Total Net Operating Income Southwest Midwest Southeast Total Average Total Assets Southwest Midwest Southeast Total $ 950 1,100 850 $ 2,900 $ 1,050 1,450 1,050 $ 3,550 $ 1,200 1,400 1,450 $ 4,050 $ 13,850 4,550 5, 150 $23,550 $ 14,050 4,050 5,450 $ 23,550 $ 16,650 4,050 5,450 $ 26,150 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.) 2022 2023 2024 Return on sales (ROS) Southwest % % % Midwest % % % Southeast % % % Firm % % % Asset turnover (AT) Southwest Midwest Southeast Firm Return on investment (ROI) Southwest % % % Midwest % % % Southeast % % % Firm % % %
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