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A company had average total assets of $982,4250 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 average assets of $151,200 and segment operating income of $16,190. Calculate the segment return on assets for Segment A.

A company had average total assets of $982,4250 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 average assets of $151,200 and segment operating income of $16,190. Calculate the segment return on assets for Segment A.

College Accounting, Chapters 1-27
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter25: Departmental Accounting
Section: Chapter Questions
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A company had average total assets of $982,4250 and net income of $190,700 and reports various segment information.

A company had average total assets of $982,4250 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 average assets of $151,200 and segment operating income of $16,190. Calculate the segment return on assets for Segment A.
Transcribed Image Text:A company had average total assets of $982,4250 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 average assets of $151,200 and segment operating income of $16,190. Calculate the segment return on assets for Segment A.
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