A U.S. multinational corporation has divided its operations into several operating segments and has provided the following data for each segment:
It is important to note that all purchases of goods or services from other segments have been sold to outside parties except one. Control devices with a cost of $1,000,000 were sold to the Semiconductors segment for $1,700,000. These items remain in inventory at year-end.
1. Determine which segments are reportable.
2. Given the available information, prepare all of the necessary schedules and disclosures regarding the entity’s segments, geographical areas, and reconciliations to consolidated amounts.
3. Identify and determine the value of several ratios that may be helpful in analyzing the above information.

  • CreatedApril 13, 2015
  • Files Included
Post your question