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Tootsie Roll Industries has two business segments, one for operations in the United States and one for operations in Mexico and Canada. The following
Tootsie Roll Industries has two business segments, one for operations in the United States and one for operations in Mexico and Canada. The following information (in thousands) comes from a recent annual report Year 2 Mexico and Canada $ 46,325 25,402 1,200 Sales Net assets Net earnings United States $ 499,660 821,335 55,074 Year 1 United States $487,185 832,260 42,554 Mexico and Canada $ 41,184 25,740 3,399 Required a. Find the ROI for each segment for each year. b. Find and analyze segment ROI by using the DuPont method. Complete this question by entering your answers in the tabs below. Required A Required B Find the ROI for each segment for each year. Notes Round your answers to 1 decimal place. United States Mexico and Canada ROI Year 2 Year 1
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