Liz Raiborn, Inc., has the following financial results for the years 2016 through 2018 for its three

Question:

Liz Raiborn, Inc., has the following financial results for the years 2016 through 2018 for its three regional divisions:

Problem Information

2016

Revenue

Southwest .......................................................................................... 14900

Midwest ............................................................................................. 6700

Southeast ............................................................................................ 12400

Total ................................................................................................. 34000

Net Operating Income

Southwest .......................................................................................... 1100

Midwest ............................................................................................ 1250

Southeast .......................................................................................... 1000

Total ............................................................................................... 3350

Average Total Assets

Southwest .......................................................................................... 14000

Midwest ............................................................................................ 4700

Southeast .......................................................................................... 5300

Total ............................................................................................... 24000


Requirements:

Calculate return on sales (ROS), asset turnover (AT), and ROI for each division and also for the company as a whole for each of the three years 2016, 2017, and 2018.

Asset Turnover
Asset turnover is sales divided by total assets. Important for comparison over time and to other companies of the same industry. This is a standard business ratio.
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Related Book For  answer-question

Cost Management A Strategic Emphasis

ISBN: 978-0078025532

6th edition

Authors: Edward Blocher, David Stout, Paul Juras, Gary Cokins

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