The Asian segment of a multinational company had a segment return on assets of 60%.If the revenues and operating income of this segment were $17,000 million and $14,586 million,respectively,what is the segment's average total assets amount?
A)$24,310 million
B)$28,333 million
C)$52,643 million
D)$10,200 million
E)$8,751 million

Question

Quizplus · Accepted Answer

Segment return on assets = Segment operating income / Average total assets60% = $14,586 million / Average total assetsAverage total assets = $14,586 million / 60%Average total assets = $24,310 million

The Asian Segment of a Multinational Company Had a Segment