The Following Information Is Available for Napa, Inc A Determine the Segment Return on Assets for Each Geographic

question 29

Essay

The following information is available for Napa, Inc. (all amounts are in millions):
$$\begin{array} { | l | r | r | r | } \hline& \text { U.s. } & \text { Canada. } & \text { Europe } \\\hline \text { Segment sales } & \$ 7,745 & \$ 8,940 & \$ 4.780 \\\hline \text { Segment operating income } & 2,320 & 2,455 & 595 \\\hline \text { Segment average assets } & 5,590 &8 . 7 5 0 & 1,480 \\\hline\end{array}$$ 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:

Primary Key

A unique identifier for each record in a database table, ensuring that no two records are identical.

Project Table

A table specifically designed to organize, track, and manage various aspects of a project, often detailing tasks, deadlines, and responsibilities.

Completion Date

The scheduled or actual date on which a task, project, or assignment is finished.

Data Type

A classification that specifies the type of data that a variable or object can hold in programming and database management.