Question
36...SheridanCorporation's Cajun Spice division has a segment margin is $434300for the current reporting period. The division has an asset turnover of3.2. Segment margin as a
36...SheridanCorporation's Cajun Spice division has a segment margin is $434300for the current reporting period. The division has an asset turnover of3.2. Segment margin as a percentage of sales is10%. What is the division's ROI?
a...32%
b...10%
c...22%
d...The answer cannot be determined from the information given.
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Corporate Financial Strategy
Authors: Ruth Bender
4th Edition
1136181105, 9781136181108
