Question
Indi Services Corporation, headquartered in Bengaluru, India, provides specialized information technology (IT) services and consists of three divisions: (1) financial services, (2) health services, and
Indi Services Corporation, headquartered in Bengaluru, India, provides specialized information technology (IT) services and consists of three divisions: (1) financial services, (2) health services, and (3) transportation services. For 2019, it recorded the following data: Financial Services Health Services Transportation Services Total Sales revenues $ 3,872,000 $ 5,632,000 $ 1,970,000 $ 11,474,000 Variable costs (% of sales) 27 % 42 % 47 % Traceable fixed costs 2,240,000 2,757,000 731,100 5,728,100 Common fixed costs 1,180,000 Required: 1. Prepare a segment performance report showing the segment margin in dollars and percentages for all three divisions. Use Exhibit 123 as a guide. (Round "Percentage" answers to 2 decimal places.) 2. Which segment is most profitable? multiple choice Financial Services Correct Health Services Transportation Services
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