JCN Company sells laptop computers, desktop computers, and software in more than seven countries. The company is required to file financial statements annually with a securities commission. The controller has just compiled the following information on last years revenues: Revenue (in millions) Laptop computers................... $ 90Desktop computers..................... 12Software....................... 50............................ $ 152United States...................... $ 40 Canada.......................... 45 South America...................... 25Asia........................... 19Africa........................

JCN Company sells laptop computers, desktop computers, and software in more than seven countries. The company is required to file annually with a securities commission. The controller has just compiled the following information on last year’s revenues:
Revenue (in millions)
Laptop computers................... $ 90
Desktop computers..................... 12
Software....................... 50
............................ $ 152
United States...................... $ 40 Canada.......................... 45
South America...................... 25
Asia........................... 19
Africa........................ 13
Europe......................... 10
........................... $ 152

Required
Which of the above should be reported as an operating segment and which as a geographic segment in a note to the Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...