Question
JOVE provided the following data for the current year 2020. SEGMENT REVENUE PROFIT(LOSS) ASSET CHARMANDER 620,000.00 200,000.00 400,000.00 BULBASAUR 100,000.00 20,000.00 80,000.00 SQUIRTLE 340,000.00 70,000.00
JOVE provided the following data for the current year 2020.
SEGMENT REVENUE PROFIT(LOSS) ASSET
CHARMANDER 620,000.00 200,000.00 400,000.00
BULBASAUR 100,000.00 20,000.00 80,000.00
SQUIRTLE 340,000.00 70,000.00 300,000.00
PIDGEOT 190,000.00 (30,000.00) 140,000.00
RATICATE 180,000.00 (25,000.00) 180,000.00
BUTTERFREE 70,000.00 10,000.00 120,000.00
PRIMEAPE 120,000.00 (20,000.00) 140,000.00
OTHERS 380,000.00 (25,000.00) 140,000.00
The "others" category includes five operating segments, none of which has revenue or assets greater than P80,000 and none with an operating profit.
Operating segments CHARMANDER and BULBASAUR produce very similar products and use very similar production processes but serve different customer types and use quite different product distribution system. These differences are due in part to the fact that BULBASAUR operates in a regulated environment while CHARMANDER does not.
Operating segments BUTTERFREE and PRIMEAPE have similar products, production processes, product distribution systems, but or organized as separate divisions since they serve substantially different types of customers. Neither segments BUTTERFREE nor PRIMEAPE operate in a regulated environment.
Make a segment report for JOVE.
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