Alex Chunn Inc. has the following financial data for 2019 for its three regional divisions: Required Prepare

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Alex Chunn Inc. has the following financial data for 2019 for its three regional divisions:

Historical Cost Gross Book Value Current Cost Net Book Operating Replacement Cost Liquidation Value Value Reglon North A


Required

Prepare an Excel spreadsheet that will calculate return on sales (ROS) for each division for 2019. The sales in the North Atlantic, Mid Atlantic, and South Atlantic regions are $2,350,000, $1,450,000, and $500,000, respectively. Calculate asset turnover (AT) and return on investment (ROI) for each of the four measures of investment.

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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Cost Management A Strategic Emphasis

ISBN: 9781259917028

8th Edition

Authors: Edward Blocher, David F. Stout, Paul Juras, Steven Smith

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