What does 'Ouais Tu as raison' mean?

The sentence 'Ouais tu as raison' means Yeah, you're right [or you're correct]. In the Word-by-Word translation, the adverb 'ouais' means 'yeah'. The personal pronoun 'tu' means 'you'. The verb 'as' means '[you] have'. And the noun 'raison' means 'reason'.