Solved

A Company That Reports Segment Information Had Average Total Assets

Question 80

Multiple Choice

A company that reports segment information had average total assets of $1,522,450 and total net income of $590,700.Segment A had average total assets of $927,800 and segment operating income of $298,300.Segment B had average assets of $594,650 and segment operating income of $292,400.The segment return on assets for Segment B is:


A) 60.9%.
B) 32.2%.
C) 50.5%.
D) 38.8%.
E) 49.2%.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions