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Exercise 7-11 Computing and analyzing segment return on assets LO A1 Compute the segment return on assets for Teton Company. (Enter your answers in millions.
Exercise 7-11 Computing and analyzing segment return on assets LO A1
Compute the segment return on assets for Teton Company. (Enter your answers in millions. Round "Segment average assets" to 1 decimal place.)
Segment Operating Income (in $ mil.) | Segment Assets (in $ mil.) | ||||||||||||||
Segment | 2017 | 2016 | 2017 | 2016 | |||||||||||
Specialty | |||||||||||||||
Skiing Group | $ | 73 | $ | 66 | $ | 527 | $ | 391 | |||||||
Skating Group | 11 | 7 | 47 | 35 | |||||||||||
Specialty Footwear | 26 | 22 | 141 | 104 | |||||||||||
Other Specialty | 13 | 5 | 32 | 23 | |||||||||||
Subtotal | 123 | 100 | 747 | 553 | |||||||||||
General Merchandise | |||||||||||||||
South America | 38 | 43 | 276 | 205 | |||||||||||
United States | 9 | 10 | 45 | 33 | |||||||||||
Europe | 6 | 4 | 15 | 11 | |||||||||||
Subtotal | 53 | 57 | 336 | 249 | |||||||||||
Total | $ | 176 | $ | 157 | $ | 1,083 | $ | 802 | |||||||
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