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jscubs1 jscubs1
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A month ago
Blanco Corporation's Cajun Spice division has a segment margin is $432,500 for the current reporting period. The division has an asset turnover of 1.6. Segment margin as a percentage of sales is 10%. What is the division's ROI?

▸ 6%

▸ 16%

▸ 10%

▸ The answer cannot be determined from the information given.
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Managerial Accounting

Managerial Accounting


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otis24otis24
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A month ago
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16%

Segment Margin × Asset Turnover = 10% × 1.6 = 16%
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jscubs1 Author
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A month ago
Thanks for your help!!
DaiwalkerX
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Yesterday
Thank you, thank you, thank you!
smdavis
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2 hours ago
Helped a lot
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