Tootsie Roll Industries has two business segments, one for operations in the U.S. and one for operations
Question:
Instructions
Find and analyze segment ROI by using the DuPont method described in this chapter. Explain the performance difference between the two segments across the two years by using the information from the DuPont breakdown of ROI.
Year 2 Year 1 United Mexico and United Mexico and States Canada States Canada Sales . 821,335 25,402 1,200 832,260 25,740 1,399 42,554
Step by Step Answer:
Both US assets and net foreign assets decreased This could be a result of foreign exchange fluctuati...View the full answer
Financial and Managerial Accounting the basis for business decisions
ISBN: 978-0078025778
17th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
Related Video
The Dupont analysis is an expanded return on equity formula, calculated by multiplying the net profit margin by the asset turnover by the equity multiplier. The DuPont analysis is also known as the DuPont identity or DuPont model.This Video will guide on how to calculate return on Equity and estimate profitability of shareholders using DuPont Analysis.
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