Solution-Calculate return on sales and asset turnover

Calculate return on sales and asset turnover

Reference no: EM132438345

Question - Liz Raiborn Inc. has the following financial results for the years 2019 through 2021 for its three regional divisions:

	2019	2020	2021
Revenue
Southwest	$14,875	$21,975	$25,975
Midwest	6,675	6,975	7,175
Southeast	12,375	12,975	13,275
Total	$33,925	$41,925	$46,425
Net Operating Income
Southwest	$1,075	$1,175	$1,325
Midwest	1,225	1,575	1,525
Southeast	975	1,175	1,575
Total	$3,275	$3,925	$4,425
Average Total Assets
Southwest	$13,975	$14,175	$16,775
Midwest	4,675	4,175	4,175
Southeast	5,275	5,575	5,575
Total	$23,925	$23,925	$26,525

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.

Reference no: EM132438345

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Calculate return on sales and asset turnover

Reference no: EM132438345

Reference no: EM132438345

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