Refer to Exhibit 7.13 and complete the segment return on assets table for Wolfe Company. Analyze your findings and identify the segment with the highest, and that with the lowest, segment return on assets.

 

Segment Operating

Income (in $ mil.)

Segment Assets

(in $ mil.)

Segment Return

On Assets

 

Segment

2011

2010

2011

2010

2011

Specialty

$62

32

$581

$440

 

 

Skiing Group

9

7

53

42

 

 

Skating Group

22

5

155

136

 

 

Specialty Footwear

11

44

37

24

 

 

Other Specialty

104

$148

826

642

 

 

Subtotal

       

 

 

General Merchandise

 

   

 

 

South America

32

36

305

274

 

 

United States

7

8

52

35

 

 

Europe

5

3

14

12

 

 

Subtotal

44

47

371

321

 

 

Total

$148

$134

$1,197

$963