Breton Corporation's Longboat Division's Segment Margin as a Percentage of Net

question 86

Multiple Choice

Breton Corporation's Longboat division's segment margin as a percentage of net sales is 12% for the current reporting period.The division has net sales revenue of $2,500,000.Operating assets were $800,000 at the beginning of the period and $1,200,000 at the end.What is the division's asset turnover?

• A)2.08
• B)2.8
• C)2.5
• D)3.13

---

Definitions:

Transverses Thoracis

A thin muscle found within the front wall of the chest, part of the internal thoracic wall muscles, contributing to the movement of the thoracic cage.

Rectus Sheath

The fibrous sheath formed by the aponeuroses of the abdominal muscles, enclosing the rectus abdominis muscles.

Transversus Abdominis

A muscle layer of the abdominal wall which helps with the body's posture and internal organ support.

External Abdominal Oblique

A large, flat muscle lying on the outer surface of the abdomen, which helps in the rotation and lateral bending of the trunk.