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The Midwest Segment of a Company Had a Segment Return

Question 110

Multiple Choice

The Midwest segment of a company had a segment return on assets of 13%.If the revenues and operating income of this segment were $4 million and $1 million,respectively,what is the segment's average total assets amount?


A) $130,000
B) $52,000
C) $30,769,230
D) $7,692,308
E) $23,076,923

Correct Answer:

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