Liz Raiborn Inc. has the following financial results for the years 2019 through 2021 for its three regional divisions: 201920202021Revenue Southwest$14,900 $22,000 $26,000 Midwest 6,700 7,000 7,200 Southeast 12,400 13,000 13,300 Total$34,000 $42,000 $46,500 Net Operating Income Southwest$1,100 $1,200 $1,350 Midwest 1,250 1,600 1,550 Southeast 1,000 1,200 1,600 Total$3,350 $4,000 $4,500 Average Total Assets Southwest$14,000 $14,200 $16,800 Midwest 4,700 4,200 4,200 Southeast 5,300 5,600 5,600 Total$24,000 $24,000 $26,600 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.)

1. Return on sales (ROS) is a ratio used to evaluate an organization's operational proficiency. This…

Answered: Liz Raiborn Inc. has the following…

Practical Management Science

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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	$	14,900		$	22,000	$	26,000
Midwest		6,700			7,000		7,200
Southeast		12,400			13,000		13,300
Total	$	34,000		$	42,000	$	46,500
Net Operating Income
Southwest	$	1,100		$	1,200	$	1,350
Midwest		1,250			1,600		1,550
Southeast		1,000			1,200		1,600
Total	$	3,350		$	4,000	$	4,500
Average Total Assets
Southwest	$	14,000		$	14,200	$	16,800
Midwest		4,700			4,200		4,200
Southeast		5,300			5,600		5,600
Total	$	24,000		$	24,000	$	26,600

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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