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

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Definitions:

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The amount of cholesterol consumed through food, important to monitor as excessive intake can lead to increased risk of heart disease and stroke.

Nasogastric Tube

A flexible tube that is inserted through the nose, down the esophagus, and into the stomach for feeding or medical treatment purposes.

Nonliquid Medications

Solid forms of medication, such as tablets or capsules, that are administered orally and not in a liquid form.

Irrigate

The process of supplying water to land or crops to help growth, typically by means of channels.