The Following Information Is Available for Napa, Inc A Determine the Segment Return on Assets for Each Geographic

Essay

The following information is available for Napa, Inc. (all amounts are in millions):
$$\begin{array} { | l | r | r | r | } \hline& \text { U.s. } & \text { Canada. } & \text { Europe } \\\hline \text { Segment sales } & \$ 7,745 & \$ 8,940 & \$ 4.780 \\\hline \text { Segment operating income } & 2,320 & 2,455 & 595 \\\hline \text { Segment average assets } & 5,590 &8 . 7 5 0 & 1,480 \\\hline\end{array}$$ a. Determine the segment return on assets for each geographic segment.
b. Comment on the results. How do the segments compare with respect to profitability?