Question
Pfizer has two divisions: Pharmaceuticals and Consumer Health. The following data is available: Division Revenue ($) Operating Income ($) Average Assets ($) Pharmaceuticals $20,000,000 $7,000,000
Pfizer has two divisions: Pharmaceuticals and Consumer Health. The following data is available:
Division | Revenue ($) | Operating Income ($) | Average Assets ($) |
Pharmaceuticals | $20,000,000 | $7,000,000 | $40,000,000 |
Consumer Health | $15,000,000 | $5,000,000 | $30,000,000 |
Calculate the return on assets (ROA) for each division.
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Financial and Managerial Accounting Information for Decisions
Authors: John Wild, Ken Shaw, Barbara Chiappetta
5th edition
978-1259317552, 1259317552, 978-0078025600, 78025605, 978-1259335013, 1259335011, 978-1259347641
