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CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Whispering Corporation is a diversified company that operates in five different industries: A, B, C, D, and E.
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Whispering Corporation is a diversified company that operates in five different industries: A, B, C, D, and E. The following information relating to each segment is available for 2021. $55,100 29,900 Sales revenue Cost of goods sold Operating expenses Total expenses Operating profit (loss) Identifiable assets $39,300 19,300 9,000 28,300 $11,000 $35,700 $74,500 50,600 40,800 91,400 $(16,900) $79,400 $582,400 267,500 232,100 499,600 $82,800 $502,100 D $35,000 18,800 12,200 31,000 $4,000 $65,600 48,100 $7,000 $49,100 Sales of segments B and C included intersegment sales of $20,200 and $99,600, respectively. Determine which of the segments are reportable based on the: Reportable Segment (1) Revenue test. Operating profit (loss) test. (2) (3) Identifiable assets test. LINK TO TEXT Prepare the necessary disclosures required by GAAP. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Prepare the necessary disclosures required by GAAP. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Other Totals External Revenues HA . Intersegment Revenues I Total Revenues Cost of Goods Sold Operating Expenses Total Expenses Operating Profit (Loss) Identifiable Assets $ Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Whispering Corporation is a diversified company that operates in five different industries: A, B, C, D, and E. The following information relating to each segment is available for 2021. $55,100 29,900 Sales revenue Cost of goods sold Operating expenses Total expenses Operating profit (loss) Identifiable assets $39,300 19,300 9,000 28,300 $11,000 $35,700 $74,500 50,600 40,800 91,400 $(16,900) $79,400 $582,400 267,500 232,100 499,600 $82,800 $502,100 D $35,000 18,800 12,200 31,000 $4,000 $65,600 48,100 $7,000 $49,100 Sales of segments B and C included intersegment sales of $20,200 and $99,600, respectively. Determine which of the segments are reportable based on the: Reportable Segment (1) Revenue test. Operating profit (loss) test. (2) (3) Identifiable assets test. LINK TO TEXT Prepare the necessary disclosures required by GAAP. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Prepare the necessary disclosures required by GAAP. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Other Totals External Revenues HA . Intersegment Revenues I Total Revenues Cost of Goods Sold Operating Expenses Total Expenses Operating Profit (Loss) Identifiable Assets $ Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT
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