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Author Question: Blanco Corporation's Cajun Spice division has a segment margin is $432,500 for the current reporting ... (Read 44 times)

gboileau

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Question 1

Althea Corporation's Perfume division has a segment margin is $85,000 for the current reporting period. Total assets at the beginning of the period were $800,000 and $900,000 at the end of the period. What is the division's ROI?
◦ 5.00%
◦ 10.00%
◦ 10.63%
◦ 9.44%

Question 2

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?
◦ 6%
◦ 16%
◦ 10%
◦ The answer cannot be determined from the information given.


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Marked as best answer by gboileau on Feb 5, 2023

Burly

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gboileau

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review


Chelseyj.hasty

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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