Jubilee Company segments its company into four distinct divisions. The net revenues, operating profit, and total assets for these divisions are disclosed in the footnotes to Jubilee Company’s consolidated financial statements and the following presented information:

Corporate includes the costs of corporate headquarters, centrally managed initiatives, and certain gains and losses that cannot be accurately allocated to specific divisions, such as derivative gains and losses.

Corporate assets consist of cash, short-term investments, and property, plant, and equipment. The corporate property, plant, and equipment include the headquarters building, equipment within, and the surrounding property.

Requirements:

1. What are Jubilee Company’s four business divisions? Make a table listing each division, along with its net revenues, operating profit, and total assets in 2023.
2. Use the data you collected in Requirement 1 to calculate each division’s sales margin in 2023. Interpret your results.
3. Use the data you collected in Requirement 1 to calculate each division’s capital turnover in 2023. Interpret your results.
4. Use the data you collected in Requirement 1 to calculate each division’s ROI in 2023.
Interpret your results.
5. Can you calculate RI using the data presented? Why or why not?

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Net Revenue Operating Profit 2023 2022 2021 2023 2022 2021 Home furnishings $10,750 $ 9,650 $ 9,250 $2,795 $2,520 $1,970 Office furniture 9,500 8,600 8,300 1,995 1,815 1,755 Store displays 12,100 10,900 10,400 1,210 1,070 1,010 Health-care furnishings 2,000 1,850 1,750 660 635 615 Total division $34,350 $31,000 $29,700 $6,660 $6,040 $5,350 Corporate (290) (250) (205) Total $34,350 $31,000 $29,700 $6,370 $5,790 $5,145