Question: Exercise 7-11 Computing and analyzing segment return on assets LO A1 Compute the segment return on assets for Teton Company. (Enter your answers in millions.

Exercise 7-11 Computing and analyzing segment return on assets LO A1

Compute the segment return on assets for Teton Company. (Enter your answers in millions. Round "Segment average assets" to 1 decimal place.)

Segment Operating Income (in $ mil.) Segment Assets (in $ mil.)
Segment 2017 2016 2017 2016
Specialty
Skiing Group $ 73 $ 66 $ 527 $ 391
Skating Group 11 7 47 35
Specialty Footwear 26 22 141 104
Other Specialty 13 5 32 23
Subtotal 123 100 747 553
General Merchandise
South America 38 43 276 205
United States 9 10 45 33
Europe 6 4 15 11
Subtotal 53 57 336 249
Total $ 176 $ 157 $ 1,083 $ 802

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