Technology does business in three different business segments: (1) Entertainment, (2) Publishing/Information, and (3) Consumer/ Commercial Finance.

Question:

Technology does business in three different business segments: (1) Entertainment, (2) Publishing/Information, and (3) Consumer/ Commercial Finance. Results for a recent year were (in millions): 

Operating Income Total Revenues Assets $1,272 $ 705 Entertainment $223 $1,120 $1,308 $122 Publishing/Information Consume


1. Compute the following for each business segment. 

a. Return on sales 

b. Capital turnover 

c. ROI

2. Comment on the differences in ROI among the business segments. Include reasons for the differences.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Management Accounting

ISBN: 978-0132570848

6th Canadian edition

Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu

Question Posted: