Segment A Segment B Segment C Margin (operating income + sales) Sales Turnover (sales average assets) 2,000,000 3,500,000 1,600,000 Segment A Segment A Operating Income 100,000 450,000 160,000 Segment B Segment B Average Assets 2,500,000 6,000,000 2,100,000 Segment C Segment C

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

1. What is the margin for segment A? Enter your number with four decimal points. For example, 5.23% enter as 0.0523. ANSWER: 0.0500:


2. What is the margin for segment B? Enter your number with four decimal points. For example, 5.23% enter as 0.0523. ANSWER: 0.1286:


3. What is the margin for segment C? Enter your number with four decimal points. For examplec, 5.23% enter as 0.0523:


4. Which segment has the best margin?
a. Segment A
b. Segment B
c. Segment C
d. Segment A and C

Segment A
Segment B
Segment C
Margin (operating income + sales)
Sales
Turnover (sales ÷ average assets)
2,000,000
3,500,000
1,600,000
Segment A
Segment A
ROI (operating income average assets)
Segment A
Operating Income
100,000
450,000
160,000
Segment B
Segment B
Segment B
Average Assets
2,500,000
6,000,000
2,100,000
Segment C
Segment C
Segment C
Transcribed Image Text:Segment A Segment B Segment C Margin (operating income + sales) Sales Turnover (sales ÷ average assets) 2,000,000 3,500,000 1,600,000 Segment A Segment A ROI (operating income average assets) Segment A Operating Income 100,000 450,000 160,000 Segment B Segment B Segment B Average Assets 2,500,000 6,000,000 2,100,000 Segment C Segment C Segment C
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Segment Reporting
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education