The Following Segment Information Is Available for the Three Regions

question 77

Essay

The following segment information is available for the three regions of the country in which Fresh Snacks, Inc. does business (all amounts are in millions):
$$\begin{array} { | l | c | c | c | } \hline & \text { Midwest } & \text { West } & \text { Sauth } \\\hline \text { Segment operating income } & 120 & 380 & 75 \\\hline \text { Segment average assets } & 310 & 782 & 103 \\\hline\end{array}$$ a. Determine the segment return on assets for each geographic segment.
b. Comment on the results. How do the segments compare with respect to profitability?

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Definitions:

Succession/Replacement Chart

A visual tool used in planning for employee turnover that maps out critical roles and potential internal replacements within an organization.

Coded

Transformed into a systematic, symbolic representation, often for the purpose of confidentiality or for processing and analysis.

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Prominent families in Canada known for their significant impact and influence on the country's business, political, or cultural landscape.

Heirs

Legal successors entitled to inherit the property or rights of a deceased individual under the laws of inheritance.