Question
Our company has 5 business units that we classify as operating segments. Financial data for these units follows: ($1,000s) A B C D E Sales
Our company has 5 business units that we classify as operating segments. Financial data for these units follows:
| ($1,000s) | A | B | C | D | E |
|---|---|---|---|---|---|
| Sales | $869 | $1,194 | $1,732 | $3,965 | $6,608 |
| Profit | 144 | (305) | 1,165 | 1,872 | (816) |
| Assets | 1,680 | 3,892 | 3,254 | 5,992 | 11,649 |
Which of these operating segments should be disclosed in the footnotes to our financial statements? Please answer "yes" in the area where the threshold is met and "no" where the threshold is not met.
| A | B | C | D | E | |
|---|---|---|---|---|---|
| Sales | AnswerYesNo | AnswerYesNo | AnswerYesNo | AnswerYesNo | AnswerYesNo |
| Profit | AnswerYesNo | AnswerYesNo | AnswerYesNo | AnswerYesNo | AnswerYesNo |
| Assets | AnswerYesNo | AnswerYesNo | AnswerYesNo | AnswerYesNo | AnswerYesNo |
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Financial Accounting Information For Decisions
Authors: John J Wild
3rd Edition
0072974729, 978-0072974720
