Question
Nash Consolidated is involved in four operating segments, A, B, C, and D (there are no intersegment sales). The following information is available. Segment Operating
Nash Consolidated is involved in four operating segments, A, B, C, and D (there are no intersegment sales). The following information is available.
| Segment | Operating Profit (Loss) | Nonaffiliate Sales | Identifiable Assets | |||
| A | (500) | 1,600 | 4,000 | |||
| B | 100 | 400 | 600 | |||
| C | 900 | 2,000 | 5,000 | |||
| D | 90 | 1,000 | 1,000 |
Using the revenue test, the operating profit test, the asset test, and then your answer to the first parts combined with the 75% combined revenue test, determine which of the operating segments are reportable segments?
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Inside Accounting The Sociology Of Financial Reporting And Auditing
Authors: David Leung
1st Edition
1138251178, 9781138251175
