Eikelberry, Inc Required:
Calculate Return on Investment (ROI), Asset Turnover (AT), and Three
Eikelberry, Inc.has the following financial results for 2019 for its three regional divisions:
Required:
Calculate return on investment (ROI), asset turnover (AT), and return on sales (ROS) for each of the three divisions for 2019. The sales in the North, Mid and South Atlantic regions are $2,350,000, $1,450,000, and $500,000, respectively. Calculate ROI and asset turnover (AT) for each of the four measures of investment (i.e., for each of four possible denominators in determining ROI and AT). Round all answers except ROI to 2 decimal places, e.g., round 0.12487 to 12.49%. Round ROI to whole percentage amounts, e.g., 0.1998 to 20%.
Correct Answer:
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