A Company Had Average Total Assets of $982,450 and Net

question 116

Multiple Choice

A company had average total assets of $982,450 and net income of $190,700,and reports various segment information.Segment A had average total assets of $437,800 and segment operating income of $98,230.Segment B had average assets of $151,200 and segment operating income of $16,190.Calculate the segment return on assets for Segment B.

• A)19.4%.
• B)22.4%.
• C)26.1%.
• D)10.7%.
• E)20.2%.

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Definitions:

No Criticism

A principle or approach where negative feedback or challenges are minimized or avoided to maintain a positive or non-confrontational environment.

Us Against The World

A mindset or stance adopted by a group or duo who believe they are confronted by external forces in opposition.

Interchangeably

Used to describe terms, items, or concepts that can be used in place of each other without affecting the overall meaning or function.

Organizations

are structured groups of people who come together to pursue common goals or perform specific functions, often within a defined hierarchy or framework.