ootsie Roll Industries has two business segments, one for operations in the United States and one for operations in Mexico and Canada. The following information (in thousands) comes from a recent annual report: Year 2 Year 1 United States Mexico and Canada United States Mexico and Canada Sales $ 499,660 $ 46,325 $ 487,185 $ 41,184 Net assets 821,335 25,402 832,260 25,740 Net earnings 55,074 1,200 42,554 1,399 Required Find the ROI for each segment for each year

Answer rating: 100% (QA)

ANSWER Return on Investment ROI is calculated by dividing net ... View the full answer