11) Dance Company has the following information for its five business segments: Segment Intersegment revenue Segment assets Revenue to external customers A 20,000,000 2,000,000 25,000,000 B 5,000,000 500,000 5,000,000 2,800,000 2,000,000 3,500,000 D 1,200,000 200,000 1,500,000 E 2,000,000 250,000 1,000,000 How much is the minimum amount that should be reported by the reportable segments? A 22,500,000 B. 27,000,000 C49.500,000 D. 6,600,000 12) Starboy Corporation and its divisions are engaged solely in manufacturing. The following data pertain to the industries in which operations were conducted for the current year. Operating profit (loss) Operating profit (loss) Segment A 10,000,000 Segment D 3,000,000 Segment B 2,000,000 Segment E (12,000,000) Segment (11,000,000) In its segment information for the current year, which is (are) not a reportable segment(s)? A. Segment A,B,D B. Segments B,D C Segment B D. None of them 13) Master Roshi Company provided the following information pertaining to operating segments for the year ended December 31, 2015 Total revenue P80,000,000 Sales to external customers included in total revenue 30,000,000 External revenue reported by reportable operating segments must be at least what amount? A. 60,000,000 B. 37,500,000 C30,000,000 D. 22,500,000 14) The following segments were identified for Noxious Corporation: Segment Operating Profit or Loss #1 1,000,000 #2 200,000 #3 (500,000) #4 (100,000) Which of the four segments is a reportable segment? A. 1 and 2 only B. 1 and 3 only C 1, 2 and 3 only D. All four 15) Grecque Cooperates in four industries. Which of the following operating segments should be identified as a reportable segment under the operating profit or loss test? Segment Operating Profit (Loss) Rho 90,000 Sigma (100,000) Tau 910,000 Upsilon (420,000) A Segment Tau only C. Segments Sigma, Tau, and Upsilon B. Segments Tau and Upsilon D. Segments Rho, Sigma, Tau, and Upsilon 11) Dance Company has the following information for its five business segments: Segment Intersegment revenue Segment assets Revenue to external customers A 20,000,000 2,000,000 25,000,000 B 5,000,000 500,000 5,000,000 2,800,000 2,000,000 3,500,000 D 1,200,000 200,000 1,500,000 E 2,000,000 250,000 1,000,000 How much is the minimum amount that should be reported by the reportable segments? A 22,500,000 B. 27,000,000 C49.500,000 D. 6,600,000 12) Starboy Corporation and its divisions are engaged solely in manufacturing. The following data pertain to the industries in which operations were conducted for the current year. Operating profit (loss) Operating profit (loss) Segment A 10,000,000 Segment D 3,000,000 Segment B 2,000,000 Segment E (12,000,000) Segment (11,000,000) In its segment information for the current year, which is (are) not a reportable segment(s)? A. Segment A,B,D B. Segments B,D C Segment B D. None of them 13) Master Roshi Company provided the following information pertaining to operating segments for the year ended December 31, 2015 Total revenue P80,000,000 Sales to external customers included in total revenue 30,000,000 External revenue reported by reportable operating segments must be at least what amount? A. 60,000,000 B. 37,500,000 C30,000,000 D. 22,500,000 14) The following segments were identified for Noxious Corporation: Segment Operating Profit or Loss #1 1,000,000 #2 200,000 #3 (500,000) #4 (100,000) Which of the four segments is a reportable segment? A. 1 and 2 only B. 1 and 3 only C 1, 2 and 3 only D. All four 15) Grecque Cooperates in four industries. Which of the following operating segments should be identified as a reportable segment under the operating profit or loss test? Segment Operating Profit (Loss) Rho 90,000 Sigma (100,000) Tau 910,000 Upsilon (420,000) A Segment Tau only C. Segments Sigma, Tau, and Upsilon B. Segments Tau and Upsilon D. Segments Rho, Sigma, Tau, and Upsilon