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Analyzing Segment Disclosures Raytheon Company disclosed the following data related to segment sales and operating profits for fiscal 2018. Total Net Sales Operating Income $

Analyzing Segment Disclosures Raytheon Company disclosed the following data related to segment sales and operating profits for fiscal 2018.

Total Net Sales Operating Income
$ millions 2018 2017 2016 2018 2017 2016
Integrated defense systems $5,562 $5,224 $4,976 $921 $842 $874
Intelligence, information and services 6,722 5,559 5,552 484 410 420
Missile systems 8,298 7,008 6,386 973 1,010 921
Space and airborne systems 6,073 5,787 5,564 796 776 727
Forcepoint 571 547 527 5 30 81
Eliminations (1,363) (1,281) (1,225)
Total net sales $25,863 $22,844 $21,780

The company also reported the following on its balance sheet.

$ millions 2018 2017
Receivables* $1,483 $1,192

* (net of allowance for doubtful accounts of $12 and $8)

Required a. Which segment is largest in 2018? b. Calculate the operating profit margin for each segment and determine which segment is most profitable in 2018 by this measure. Note: Round percentage to one decimal place (for example, enter 6.7% for 6.6555%).

Operating
Profit Margin
Integrated Defense Systems Answer

Intelligence, Information and Services Answer

Missile Systems Answer

Space and Airborne Systems Answer

Forcepoint Answer

c. Which segments sales grew the most in 2018? How does this compare to 2017 sales growth? Note: Round percentage to one decimal place (for example, enter 6.7% for 6.6555%).

2018 Growth % 2017 Growth %
Segment with the most growth in 2018: Answer

Answer

d. Calculate the companys accounts receivable turnover and its days sales outstanding (DSO) for 2018. Note: Round amount (your final answer) to one decimal place (for example, enter 6.8 for 6.77555).

AR turnover Answer

DSO Answer

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