Compute the segment return on assets for Teton Company. (Enter your answers in m
ID: 2453658 • Letter: C
Question
Compute the segment return on assets for Teton Company. (Enter your answers in millions. Round "Segment average assets" to 1 decimal place.) Segment Operating Income (in $ mil.) Segment Assets (in $ mil.) Segment 2015 2014 2015 2014 Specialty Skiing Group $72 $68 $591 $450 Skating Group 19 16 63 52 Specialty Footwear 32 29 165 146 Other Specialty 21 14 47 34 Subtotal 144 127 866 682 General Merchandise South America 42 46 315 284 United States 17 18 62 45 Europe 15 13 24 22 Subtotal 74 77 401 351 Total $218 $204 $1,267 $1,03
Explanation / Answer
Segment return on assets = Segment Operating Income / Segment Assets
To get the answer in %, multiply by 100.
Name of Segment
Year 2015
Year 2014
Specialty Skiing Group
72 /591 *100 = 12.18 %
68/450 *100 = 15.11%
Skating group
19/63 *100 = 30.16 %
16/52 *100 = 30.77%
Specialty Footwear
32/165 *100 = 19.39%
29/146 *100 = 19.86%
Other Specialty
21/47 *100 = 44.68%
14/34 *100 = 41.18%
Name of Segment
Year 2015
Year 2014
General Merchandise South America
42/315 *100 = 13.33%
46/284 *100 = 16.2 % (approx)
General Merchandise United States
17/62 *100 = 27.42%
18/45 *100 = 40%
General Merchandise Europe
15/24 *100 = 62.5%
13/22 *100 = 59.09%
Name of Segment
Year 2015
Year 2014
Specialty Skiing Group
72 /591 *100 = 12.18 %
68/450 *100 = 15.11%
Skating group
19/63 *100 = 30.16 %
16/52 *100 = 30.77%
Specialty Footwear
32/165 *100 = 19.39%
29/146 *100 = 19.86%
Other Specialty
21/47 *100 = 44.68%
14/34 *100 = 41.18%
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