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Shaq Company operates with three segments: Louisiana, Orlando, and Los Angeles. Data regarding these segments is as follows: Contribution to indirect expenses $336,900 $192,700

Shaq Company operates with three segments: Louisiana, Orlando, and Los Angeles. Data regarding these segments

Shaq Company operates with three segments: Louisiana, Orlando, and Los Angeles. Data regarding these segments is as follows: Contribution to indirect expenses $336,900 $192,700 $127,400 Assets directly used & identified with segment $1,963,000 $1,624,400 $708,100 Louisiana Orlando Los Angeles Segment Segment Segment 1. Calculate the return on investment for each segment. Rank them from highest to lowest. Round percent to 1 decimal place. Segment Net Income Investment base (assets) ROI (%) Rankings (1,2, or 3, where 1 is the best) Segment Net Income Investment base (assets) Cost of Capital (%) Minimum Income Residual Income Rankings (1,2, or 3, where 1 is the best) Louisiana Segment 2. Assume the cost of capital is 10% for a segment. Calculate residual income for each segment. Rank them from highest to lowest. Round percent to 1 decimal place. Orlando Los Angeles Segment Segment Louisiana Segment Orlando Segment Los Angeles Segment

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