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I need the solution and the answer of this question. I am in a hurry, so quick response will be appreciated. Thank you! Clothes R
I need the solution and the answer of this question. I am in a hurry, so quick response will be appreciated. Thank you!
Clothes R Us, a Canadian public company, has several operating segments related to children's clothing, CRU has identified the following operating segments, extracted from its financial results for the year ended Dec 31, 2021: Total Profit or Total Segment sales loss assets Infant $44,500 $2,180 $18,900 Toddler 29.050 (430) 9.800 Child 23.340 2.080 21,400 Sleepwear 9,430 2,120 7,500 Accessories 15.230 (1,420) 9.800 Using the profit/loss test, what is the calculated threshold to determine which segments are reportable? (hint this is one of the three tests to determine reportable segments) As a continuation of the previous question: Using the sales test only, how many segments are reportable? hint: (enter a single whole number, from 0 to 5)Step by Step Solution
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