A company that reports segment information had average total assets of $1,560,450 and total net income of

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Question:

A company that reports segment information had average total assets of $1,560,450 and total net income of $647,700. Segment A had average total assets of $946,800 and segment operating income of $326,800. Segment B had average assets of $613,650 and segment operating income of $320,900. The segment return on assets for Segment A is:

51.2%
50.5%
60.8%
33.7%
40.5%

Wexim Toys purchased merchandise from a supplier on credit, terms 1/10, n/30 for $12,700. Three days later, the company returned $2,800 of the merchandise. When recording the return transaction, the company would record:

$2,800 in the Accounts Payable Cr. column and $2,800 in the Inventory Dr. column of the purchases journal.
Debit Accounts Payable $2,800 and credit Inventory $2,800 in the general journal.
$2,800 in the Cash Cr. column and $2,800 in the Inventory Cr. column in the cash disbursements journal.
Debit Cash $2,800 and credit Inventory $2,800 in the general journal.
$2,800 in the Accounts Payable Dr. column and $2,800 in the Cash Cr. column of the cash disbursements journal.