Question: Refer to E 321. Required: How might your answers differ if Canton Corporation prepares its segment disclosure according to International Financial Reporting Standards? E 321

Refer to E 3–21.
Required:
How might your answers differ if Canton Corporation prepares its segment disclosure according to International Financial Reporting Standards?

E 3–21

Segment Revenues Assets Net Income Pharmaceuticals $2,000 $1,000 $200 Plastics 3,000 1,500 270 Farm equipment 2,500 1,250 320 Electronics 500 250 40 Total company $8,000 $4,000 $830

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