Question: Ramco company operates in five identifiable segments, A,B,C,D and E. During the past years, sales to unaffiliated customers and intersegments sales for each segments

Ramco company operates in five identifiable segments, A,B,C,D and E. During the

Ramco company operates in five identifiable segments, A,B,C,D and E. During the past years, sales to unaffiliated customers and intersegments sales for each segments were as follows: Sale to Non- Segment affiliates Intersegment Sales A 3,000 500 B 350 40 C 2,800 120 D 670 70 E 980 40 Total 7,800 770 Required: Applying the revenue test, determine which of the segments reportable segments are.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

give me answers with detail a The company purchased the equipment 600,000. The interest rate of bank is 12,400. The loan is denominated in OMR, matures on March 31 2019. The spot rate of OMR 2.50....

The company purchased the equipment 600,000 The interest rate of bank is 12,400 The loan is denominated in OMR matures on March 31 2018 The spot rates of OMR250 Whats the of interest one Select one...

I need help answering the following questions that are attached. Any help is greatly appreciated. Thanks in advance. Problem 24-1 Your firm has been engaged to examine the financial statements of...

4 easy accounting questions and a comfortable due date. Sorry I can't offer any more tutor credit. Thanks in advance! :-) Question 1: A few years ago, a publishing company in the fourth quarter had a...

Will someone please help with these assignments 1. Operating profit test Pong industries operations involve four operating segments. A,B,C and D. During the past year, the operating profit (loss) of...

"I don't play to lose." --Murry Pitts, Carded Graphics owner and president Murry Pitts was passionate about his business. He firmly believed that to survive and thrive in the folding carton industry,...

1 (2 points) Which of the following is not treated as a change in accounting principle? A) A change from LIFO to FIFO for inventory valuation B) A change to a different method of depreciation for...

Please show your work. A B C D E F G H J K L M N o F 1 Q1: 2 An important task in performing business valuations is normalizing the historical financial statements. (a). Using the information...

XYZ, a Canadian company, has a subsidiary located in Europe that owns land. The land was purchased on January 1 for 1 million when the euro to Canadian dollar direct rate was $1. On December 31, it...

A company manufactures two products Alpha' and 'Beta' Each unit of Alpha requires 1 hour of machining and 2 hours of skilled labour, whereas each unit of Beta uses 2 hours of machining and 1 hour of...

Which of the following is an inherent limitation of internal control? the involvement of humans in internal control process Management's lack of support for the internal control system

U1 U2 A3 Ue T. Ac 1 2 3 15

You have just bought a used track-type tractor to add to your production fleet The initial capitalized value of the tractor is S110.000. The estimated service life remaining on the tractor is 10.000...

8. Describe three ways to insert DNA into cells. 9. Describe a biotechnology that uses an organism or its cells without modifying its DNA. 10. Explain the advantages of using a DNA microarray that...

2. To diagnose a rare form of encephalitis (brain inflammation), a researcher needs a million copies of a viral gene. She decides to use PCR on a sample of the patient's cerebrospinal fluid. If one...

3. HIV infection was once diagnosed by detecting antibodies in a person's blood or documenting a decline in the number of helper T cells. Why is PCR detection of HIV RNA more sensitive?

Create a 200 word summary on the Juvenile Justice System than and today. Describe The Juvenile system and provide a generalizable definition. Highlight the issues in the Juvenile system and why this...

Identify the sources other than life insurance that might provide resources to meet needs in the case of premature death.

Explain why the disability needs for a particular individual are likely to be even greater than the needs in the case of premature death.

How should one deal with the dilemma created because disability resulting from sickness may extend beyond age 65, but insurers are generally unwilling to provide coverage for such disabilities beyond...