Question
Operating Segments (2021) Access 2021 annual report for each of the following companies to complete the requirements: 1) Eaton (hint see pg. 77on 2021 10K)
Operating Segments (2021)
Access 2021 annual report for each of the following companies to complete the requirements: 1) Eaton (hint see pg. 77on 2021 10K) and 2) United Technologies. Required: Prepare a short report, summarizing your findings for the most recent year for the following:
1) Two largest operating segments in terms of percentage of total net sales.
2) The two operating segments with the largest year to year change in net sales.
3) The two most profitable operating segments in term off profit margin between brackets
(operating profit divided by net sales)
Eaton
Segment Information and Analysis Per 2021 Annual Report
(add schedules here)
Findings
Two largest operating segments in terms of percentage of total net sales are.
The two operating segments with the largest year to year change in net sales are .
The two most profitable operating segments in term off profit margin between brackets (operating profit divided by net sales) are
Eaton Corporation Source: Eaton Corporation, 2017 Annual Report, page 63 * (2017 Net sales - 2016 Net sales) / 2016 Net sales ** Segment operating profit/Net sales operating nature or are of a corporate or functional governance nature. Corporate expenses consist of transaction costs associated with the acquisition of certain businesses and corporate office expenses including compensation, benefits, occupancy, depreciation, and other administrative costs. Identifiable assets of the business segments exclude goodwill, other intangible assets, and general corporate assets, which principally consist of certain cash, shett-term investrents, deferred income taxes, certain accounts receivable, certain property, plant and equipment, and elrtain other assetsStep by Step Solution
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