Multiple Choice
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
A) 19.4%.
B) 22.4%.
C) 26.1%.
D) 10.7%.
Correct Answer:

Verified
Correct Answer:
Verified
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