Spruce Inc. segments its company into four distinct divisions. The and total assets for these...

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Accounting

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Spruce Inc. segments its company into four distinct divisions. The and total assets for these divisions are disclosed in the footnotes to Spruce Inc.'s consolidated financial statements. Notes to Consolidated Financial Statements Requirements 1. What are Spruce Inc.'s four business divisions? Fill in the table listing each division, its net revenues, operating profit, and total assets. 2. Use the data you collected in Requirement 1 to calculate each division's profit margin. Interpret your results. 3. Use the data you collected in Requirement 1 to calculate each division's asset turnover. Interpret your results. 4. Use the data you collected in Requirement 1 to calculate each division's ROI. Interpret your results. 5. Can you calculate RI and/or EVA using the data presented? Why or why not? Requirement 1. What are Spruce Inc.'s four business divisions? Fill in the table listing each division, its net revenues, operating profit, and total assets for 2021. Net Revenue and Operating Profit Total Assets \& Other Information corporate property, piant, and equipment incudes the headquarters building, equipment within, and the surrounding property. Notes to Consolidated Financial Statements Note 1-Basis of Presentation and Our Divisions: We manufacture, market, and sell a variety of products through our divisions, including furniture and fixtures for the home, office, stores, and health-care facilities. The accounting policies are the same for each division. There is, however, one exception. Spruce Inc. centrally manages commodity derivatives and does not allocate any gains and losses incurred by these contracts to individual divisions. These derivatives are used to hedge the underlying price risk to the commodities used in production. The resulting gains and losses from these contracts are recorded under corporate expenses rather than allocated to specific divisions

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