Barnet Co. has distinct operating unit in its operations. Each of these components of the business reports its activities and its financial information to the chief operating decision maker. The company has no foreign operation, sales,or major individual customer. Below is information provided by Barnet's operating units (in million $).

Reporting Unit	Total Revenue	External Revenue	Affiliated revenue	Income	Assets
A	4,200	3,000	1,200	1,200	15,900
B	500	200	(300)	(300)	6,700
C	800	650	150	250	4,420
D	1,400	800	600	510	7,800
E	2,300	1,200	1,100	(900)	6,500
F	5,000	4,000	1,000	2,600	28,600

Identify which of the above segments meets the quantitative threshold for revenues, profits / losses, and assets.

Question-1: A segment considered reportable if it contributes atleast

Select one:

a. 10% of the overall total of Revenue.

b. 10% of the overall total of profits (or losses if larger)

c. 10% of the overall total Assets.

d. All of the above

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Question 2

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Calculate the Asset threshold limit for Barnet Co.

Select one:

a. $6,992

b. $2600

c. $1,420

d. $7,800

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Question 3

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Calculate the Income threshold limit for Barnet Co.

Select one:

a. $456

b. $1,420

c. $6,992

d. $2,600

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Question 4

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Calculate the Revenue threshold limit for Barnet Co.

Select one:

a. $1,420

b. $456

c. $6,992

d. $5,000

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Question 5

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Which segment meets all the the tests?

Select one:

a. Segment A and C

b. Segment A and C

c. Segment A and F

d. Segment E and B

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Question 6

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Which segment meets only income and asset test?

Select one:

a. Segment D

b. Segment A

c. Segment F

d. Segment E

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Question 7

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Which segment meets the Assets test?

Select one:

a. Segment D, C and A

b. Segment A, F and D

c. Segment E, F and B

d. Segments A , F and E

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Question 8

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Which segment meets the Income test?

Select one:

a. Segment D, C, E and A

b. Segment A, F, E and D

c. Segment E, F, C and B

d. Segments A , F, B and E

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Question 9

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Which segments are reportable segments?

Select one:

a. A,B,C,D

b. A, D, E, H

c. B,D,E,F

d. C,D, E, F

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Question 10

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Which segments meets the Revenue test?

Select one:

a. Segment D, C and A

b. Segment A, B and C

c. Segment E, F and B

d. Segments A , F and E