ROI; Different Measures for Total Assets Benjamin Joseph, Inc., has the following financial data for 2010 for its three regional divisions:
Historical Cost Current Cost
|
Region
|
Operating Income
|
Net Book Value
|
Gross Book Value
|
Replacement Cost
|
Liquidation Value
|
|
North Atlantic
|
$55,000
|
$225,000
|
$450,000
|
$990,000
|
$350,000
|
|
Mid Atlantic
|
44,000
|
289,000
|
310,000
|
380,000
|
445,000
|
|
South Atlantic
|
33,000
|
115,000
|
166,000
|
650,000
|
980,000
|
Required: Calculate return on sales (ROS) for each division for 2010. The sales in the North, Mid, and South Atlantic regions are $2,350,000, $1,450,000, and $500,000, respectively. Calculate investment (asset) turnover and ROI for each of the four measures of investment.