A Company That Reports Segment Information Had Average Total Assets

question 126

Multiple Choice

A company that reports segment information had average total assets of $1,522,450 and total net income of $590,700. Segment A had average total assets of $927,800 and segment operating income of $298,300. Segment B had average assets of $594,650 and segment operating income of $292,400. The segment return on assets for Segment B is:

• A) 60.9%.
• B) 50.5%.
• C) 32.2%.
• D) 38.8%.
• E) 49.2%.

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Definitions:

Commitment

Reflects an individual's dedication and loyalty towards a cause, organization, or relationship, expressed through ongoing support and engagement.

Social Decision Schemes

Simple rules used to determine final group decisions.

Heuristics

Mental shortcuts or rules of thumb that simplify decision making by facilitating quick, efficient judgments.

Nominal Group Techniques

A structured method for group brainstorming that encourages contributions from everyone.