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PAC 8.3 Financial Accounting: Interpret Descriptive Analytics Data Financial Accounting The Controller at Ortho Inc. has asked you to understand the requirements of ASC 606
PAC 8.3 Financial Accounting: Interpret Descriptive Analytics Data Financial Accounting The Controller at Ortho Inc. has asked you to understand the requirements of ASC 606 Revenue Recognition regarding the disclosure of sales data by geographic or product categories. You have prepared the cross tabulation analysis for 2025 and 2024 as a starting point for preparing the disclosure. Site 2025 2024 Difference CA 172,934,662.11 174,888,045.18 1,953,383.07 FL 183,493,309.15 164,530,136.81 18,963,172.34 IL 175,041,416.59 174,872,628.25 168,788.34 NY 193,364,104.19 163,660,289.73 29,703,814.46 TX 188,249,027.51 175,554,510.70 12,694,516.81 Total 913,082,519.55 853,505,610.67 59,576,908.88 Who are the key stakeholders of the analysis? What knowledge do you need to provide a valid interpretation of the descriptive analysis? Is this analysis sufficient for segment reporting or will you need additional analyses? Create additional analyses of results by year
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