Blanco Corporation's Cajun Spice Division Has a Segment Margin Is

question 125

Multiple Choice

Blanco Corporation's Cajun Spice division has a segment margin is $432,500 for the current reporting period.The division has an asset turnover of 1.6.Segment margin as a percentage of sales is 10%.What is the division's ROI?

• A) 16%
• B) 10%
• C) 6%
• D) The ans cannot be determined from the information given.

---

Definitions:

Benefit Corporation

A type of for-profit corporate entity, recognized by certain US states, that includes positive impact on society, workers, the community, and the environment in addition to profit as its legally defined goals.

Profit

In the context of real property, the right to enter onto another’s property and remove something of value from that property.

Shareholder Benefit

The advantages or profits, such as dividends or increased stock value, that accrue to the owners of shares in a corporation.

Implied Powers

Powers not explicitly stated in a constitution or legal document but deemed necessary to fulfill governmental duties.