Question
Cullumber Corporation's Port division has a segment margin of $414000 and net sales revenue of $4475000 for the current reporting period. The division has an
Cullumber Corporation's Port division has a segment margin of $414000 and net sales revenue of $4475000 for the current reporting period. The division has an asset turnover of 1.4. What is the division's ROI?
10.8%
14.6%
13.0%
The answer cannot be determined from the information given
Cullumber Corporation had sales of $3025000 and operating income of $543150. Cullumber also had $950000 of assets on January 1 and $825000 on December 31. What is the corporation's ROI for the year?
55.7%
27.3%
34.1%
61.2%
Cullumber Corporation's Small Craft division reported a net operating loss of $2312000 in the most recent reporting period. The division absorbed common fixed corporate expenses of $2513000. The division's segment margin is
$4825000.
$(2312000).
$(2513000).
$201000.
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