Question: Refer to Exhibit 7.13 and complete the segment return on assets table for Wolfe Company. Analyze your findings and identify the segment with the highest,
Refer to Exhibit 7.13 and complete the segment return on assets table for Wolfe Company. Analyze your findings and identify the segment with the highest, and that with the lowest, segment return onassets.
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Segment Assets (n $ mll.) Segment Return on Assets Segment Operating Income (in $ mil.) 2011 2010 2011 2010 2011 $ 58 $440 42 136 24 642 58 6 Skiing Group62 Skating Group Specialty Footwear Other Specialty Subtotal 53 155 37 826 19 104 87 General Merchandise 305 52 14 274 35 32 36 South America United States Europe. Subtotal.. 47 321 Total... $148 $134 $1197 $963
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