XXXX LTD is a diversified corporation and has developed the following information about its five segments: A
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XXXX LTD is a diversified corporation and has developed the following information about its five segments:
A B C D E
Total sales $180,000 $ 625,000 $125,000 $ 190,000 $ 260,000
Operating profit (loss) (125,000) 140,000 20,000 (130,000) (15,000)
Total assets 780,000 2,400,000 525,000 1,650,000 2,650,000
Identify which segments would be considered as reportable segments by applying all the tests:
(A) A, B, C, D, E
(B) A, B, C, E
(C) A, B, D, E
(D) A, B, D
(E) D, D, E
Related Book For
Corporate Financial Accounting
ISBN: 978-1133952411
12th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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