DuPont Company is a company made up of many business segments and has the challenge of how
Question:
DuPont Company is a company made up of many business segments and has the challenge of how to manage the diverse set of businesses operating under the control of the DuPont management team. In its 2008 annual report, DuPont described its business segments as follows:
The company has six reporting segments. Five of the segments constitute the company's growth platforms: Agriculture & Nutrition; Coatings & Color Technologies; Electronic & Communication Technologies; Performance Materials; and Safety & Protection. The Pharmaceuticals segment is limited to income from the company's interest in two drugs, Cozaar and Hyzaar.
Summary segment results for 2008 are as follows:
1. Using segment pretax operating income as a substitute for total company net income, tell which segment has the highest return on sales? The lowest?
2. Which segment has the highest asset turnover? Thelowest?
Step by Step Answer:
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain