Question
Canyon Corp. and its divisions are engaged solely in manufacturing operations. The following data pertain to the segments in which operations were conducted for the
Canyon Corp. and its divisions are engaged solely in manufacturing operations. The following data pertain to the segments in which operations were conducted for the year ended December 31, 2018.
Assets
IndustryRevenueProfit12/31/18
A$8,000,000$1,320,000$16,000,000
B6,400,0001,120,00014,000,000
C4,800,000960,00010,000,000
D1,200,000180,0002,400,000
$20,400,000$3,580,000$42,400,000
In its segment information for 2018, how many reportable segments does Canyon Corp. have?
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
1292016922, 978-1292016924
