Question: Correy Corp. and its divisions (each is an operating segment) are engaged solely in manufacturing operations. The following data (consistent with prior years data) pertain
Correy Corp. and its divisions (each is an operating segment) are engaged solely in manufacturing operations.
The following data (consistent with prior years’ data) pertain to the operations conducted for the year ended December 31, 2010:
(Industry Identifiable operating Total Operating assets at segment) revenue profit 12/31/10 A $10,000,000 $1,750,000 $20,000,000 B 8,000,000 1,400,000 17,500,000 C 6,000,000 1,200,000 12,500,000 D 3,000,000 550,000 7,500,000 E 4,250,000 675,000 7,000,000 F 1,500,000 225,000 3,000,000
$32,750,000 $5,800,000 $67,500,000 In its segment information for 2010, how many reportable segments does Correy have?
a. Three.
b. Four.
c. Five.
d. Six.
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