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Evaluating Business Segment Information Hewlett-Packard Company reports that that its operations are organized into three segments for financial reporting purposes: Personal Systems, Printing and Corporate
Evaluating Business Segment Information
Hewlett-Packard Company reports that that its operations are organized into three segments for financial reporting purposes: Personal Systems, Printing and Corporate Investments with the last segment encompassing HP Labs and incubation projects. The company provides the following information about these business segments:
2017 2016 $33,374 $29,987 18,801 18,260 8 7 ($ millions) Total net revenue: Personal Systems Printing Corporate Investments Earnings (loss) from operations: Personal Systems Printing Corporate Investments Total assets: Personal Systems Printing Corporate Investments $1,213 3,161 (87) $1,150 3,128 (98) $12,156 $10,686 10,548 9,959 3 1 Calculate the 2017 Return on Capital Employed for each segment. (Base the calculation on total assets instead of net operating assets in the denominatorHP does not disclose operating liabilities by segment.) (Round your answer to one decimal place.) 10 % X Personal Systems Printing Corporate Investments 30 % X (2,900) % *Step by Step Solution
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