The following information is available for Export Corporations operating subsidiaries throughout the world, in thousands of Canadian
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Determine which regions you would suggest reporting as geographic areas, as part of the entity-wide disclosures in IFRS 8. Identify the characteristics that led to yourchoices.
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External sales 60,000 285,000 225,000 45,000 60,000 Sales to operating regions $300,000 60,000 30,000 After-tax Identifiable assets 30,000 120,000 105,000 22,500 30,000 45,000 $352,500 profit Canada South America United States Asia Europe General Corporate Consolidated 7,500 6,750 13,500 5,250 7,500 4,500 $45,000 $675,000 Investment inccme, less general corporate expenses
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Related Book For
Advanced Financial Accounting
ISBN: 978-0137030385
6th edition
Authors: Thomas Beechy, Umashanker Trivedi, Kenneth MacAulay
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