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Answer is B. Why is Carter included in the reporting segment? PA-05055 The Ajax Corporation reported the following operating results and net income (net loss)

image text in transcribed Answer is B.

Why is Carter included in the reporting segment?

PA-05055 The Ajax Corporation reported the following operating results and net income (net loss) from its components for the year ended December 31: Net Component Eliminations Consolidated Astor 215,000 (120,000) $ 95,000 30,000 30,000 Bejax 50,000 (130,000) Carter(180,000) Davis 30,000 80,000 (50,000) Elbow (20,000) 20,000 Total S 125,000 S (100,000) 25,000 ased purely on operating results, which of the components would be deemed reportable segments? A. Astor, Bejax, Carter, Davis, and Elbow. B. Astor, Carter, and Davis. C. Astor, Bejax, and Davis D. Astor, Bejax, Carter, and Davis

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