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

question 23

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 A

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

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