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The following excerpt is from Campbell Company's 2019 annual report filed with the SEC. Management evaluates the performance of our operating segments separately to Individually
The following excerpt is from Campbell Company's 2019 annual report filed with the SEC. Management evaluates the performance of our operating segments separately to Individually monitor the different factors affecting financlal performance. Our Company manages Income taxes and certaln treasury-related Items, such as interest Income and expense, on a global basis withn Corporate. We evaluate segment performance based primarily on net operating revenues and operating Income (loss). Selected segment data for The Campbell Company for the 2019 and 2018 fiscal years follow. Dollar amounts are In millions. Required a. Compute the ROI for each of Campbell's geographical segments for each fiscal year. Which segment appears to have the best performance during 2019 based on thelr ROls? Which segment showed the most Improvement from 2018 to 2019 ? Note: Round your percentage answers to 1 decimal place (l.e., 0.234 should be entered as 23.4 ) and other answers to nearest dollar amount. b. AssumIng Campbell's management expects a mInImum return of 30 percent, calculate the residual Income for each segment for each fiscal year. Which segment appears to have the best performance based on residual Income? Which segment showed the most Improvement from 2018 to 2019 ? Note: Enter your answers In millions. Negatlve amounts should be Indlcated by minus sign. Round your percentage answers to 1 decimal place (I.e., 0.234 should be entered as 23.4 ) and other answers to nearest dollar amount
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