Develop a sample public company disclosure for segment reporting. 

 A segment note disclosure should be prepared, for a fictional company "Canyon Incorporated" that will be similar to those of a public company.

It is recommended to review at least two Form 10-Ks from publicly traded companies within the same industry. Review the segment reporting disclosure and use the public companies' disclosures as a guide to develop a segment note disclosure for Canyon Incorporated. Determine the industry for Canyon Incorporated for preparation of the segment discloser note. Include the links to the two companies' 10-Ks that you utilize as a guide. As a reminder, paraphrase and use your own way to develop a unique reporting note discloser.

The segment note disclosure should include the following:

• Summary of the operating segment (location, product, or service).
• Statement of other information included in the segment, such as corporate structure.
• Discussion of the business industry and why the segment data are by location, product, or service.
• Use the "Segment Reporting Data Template" Excel spreadsheet as a guide to develop tables with fictitious data to include in the segment disclosure. You will include the data tables in the written report for final submission.
• Use the fictitious data you developed to explain how the segments were determined (include all three tests: net revenue, net assets, and operating profit).

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Segment Reporting Data Template As of (date - current year) Net operating revenues Operating income(loss) Interest income Interest expense Depreciation and amortization Income(loss) before taxes Identifiable operating assets Capital expenditures As of (date - prior year) Net operating revenues Operating income(loss) Interest income Interest expense Depreciation and amortization Income(loss) before taxes Identifiable operating assets Capital expenditures Segment 1 Segment 2 Segment 3 Segment 4 Segment 5 Corporate Consolidated Segment Reporting Data Template As of (date - current year) Net operating revenues Operating income(loss) Interest income Interest expense Depreciation and amortization Income(loss) before taxes Identifiable operating assets Capital expenditures As of (date - prior year) Net operating revenues Operating income(loss) Interest income Interest expense Depreciation and amortization Income(loss) before taxes Identifiable operating assets Capital expenditures Segment 1 Segment 2 Segment 3 Segment 4 Segment 5 Corporate Consolidated