Question: 2 3 A company that reports segment information had average total assets of $1,562,450 and total net income of $650,700. Segment A had average total





A company that reports segment information had average total assets of $1,562,450 and total net income of $650,700. Segment A had average total assets of $947.800 and segment operating income of $328,300. Segment B had average assets of $614,650 and segment operating income of $322,400. The segment return on assets for Segment B is: Multiple Choice o oo 52.5% 50.5% Maxie's Game World sold games to a customer on credit for $2,700, terms 2/10,n/30 and the cost of the games was $1,800. When recording the sales transaction in its sales journal, Maxie's would enter Multiple Choice $1,800 in the Accounts Receivable Dr./Sales Cr. column and $2,700 in the Cost of Goods Sold Dr./Inventory Cr.column 0 s27 $2.700 in the Accounts Receivable Dr./Sales Cr. column and $1,800 in the Accounts Payable Dr./Purchases Cr. column () $2,700 in the Accounts Receivable Dr./Sales Cr. column and $2,700 in the Cash Cr. column $2,700 in the Accounts Receivable Dr./Sales Cr. column and $1,800 in the Cost of Goods Sold Dr/Inventory C. column. $1,800 in the Accounts Receivable Dr./Sales Cr. column and $2,700 in the Other Accounts Dr. column Maxie's Game World sold games to a customer on credit for $4,100, terms 2/10,n/30 and the cost of the games was $3,200. When recording the collection from the customer made within the discount period, in its cash receipts journal, Maxie's would enter: Multiple Choice C) $4.100 in the Cash Dr. column and $4,100 in the Accounts Receivable Cr. column $4,018 in the Cash Dr. column and $4,018 in the Accounts Receivable Cr. column $4,018 in the Cash Dr. column, $82 in the Sales Discount Dr. column and $4,100 in the Accounts Receivable C column $4.100 in the Accounts Receivable Dr./Sales Cr. column and $4,100 in the Cash Cr column. $4,100 in the Cash Dr. column. $3,200 in the Sales Cr. column, and $3,200 in the Cost of Goods Sold Dr./Inventory Cr. column
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