Take Care Medical Protection Ltd. has provided the following information about its operations: Revenues Operating Profit/(Loss)...

 

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Take Care Medical Protection Ltd. has provided the following information about its operations: Revenues Operating Profit/(Loss) $(150,000) $540,000 $1,050,000 Segment Assets A B 1,327,500 1,425,000 C 172,500 270,000 300,000 30,000 D 210,000 1,755,000 Under the revenue test, how many reportable segments does Take Care have? 75,000 Take Care Medical Protection Ltd. has provided the following information about its operations: Revenues Operating Profit/(Loss) $(150,000) $540,000 $1,050,000 Segment Assets A B 1,327,500 1,425,000 C 172,500 270,000 300,000 30,000 D 210,000 1,755,000 Under the revenue test, how many reportable segments does Take Care have? 75,000

Answer rating: 100% (QA)

To determine the number of reportable segments under the revenue test we need to 1 Ide... View the full answer