Sur Corporation's internal divisions are based on industry. The revenues, operating profits, and assets of the operating
Question:
Sur Corporation's internal divisions are based on industry. The revenues, operating profits, and assets of the operating segments of Sur are presented in thousands of dollars as follows:
REQUIRED: Determine the reportable segments of SurCorporation.
Transcribed Image Text:
Operating Inter- segment Sales Sales to Nonaffiliates Profit Total (Loss) Sales Assets Food service industry Copper mine Information systems Chemical industry Agricultural products Pharmaceutical products Foreign operations Corporate assets $150,000 $20,000 $ 20,000 $100.000 $170,000 17,500 75,000 24,000 20,000 108,500 25,000 9,000 2,500 15,250 (7,750) 4,000 2,500 10,000 7,500 10,000 24,000 10,000 10,000 7,500 10,000 16,500 $319,000 $306,500 $344,000 $37,500 $31,500 *Corporate assets include equity investees of $5,000 and general assets of $11,500.
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Related Book For
Advanced Accounting
ISBN: 9780132568968
11th Edition
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
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