Calculate the segment return on assets


Response to the following problem:

A company had average total assets of $982,450 and net income of $190,700 and reports various segment information.

Segment A had average total assets of $437,800 and segment operating income of $98,230.

Segment B had average assets of $151,200 and segment operating income of $16,190.

Calculate the segment return on assets for Segment A.

Solution Preview :

Prepared by a verified Expert
Financial Accounting: Calculate the segment return on assets
Reference No:- TGS02113321

Now Priced at $20 (50% Discount)

Recommended (99%)

Rated (4.3/5)