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%.

---

Definitions:

6 Percent

A quantitative value or measurement, often referred to in statistical, financial, or performance contexts, indicating a portion out of a hundred.

34 Percent

A numerical value representing a fraction, more than one-third, of a whole in a quantitative context, such as statistical data.

Metacognitive Theory

A theory that focuses on how individuals process information, making them aware of how they learn, remember, problem-solve, and think.

Avoidance Theory

A psychological theory suggesting that individuals may take actions to avoid unpleasant experiences, situations, or emotions.