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PROBLEM 1 Thanksgiving Company has five business units that it classifies as operating segments. Financial data for these units is contained in the following table.
PROBLEM 1 Thanksgiving Company has five business units that it classifies as operating segments. Financial data for these units is contained in the following table. Using Excel, create and complete a table determining Thanksgiving's reportable segments using the three quantitative threshold tests. You should also confirm that your reportable segments constitute at least 75% of total consolidated revenues. A sample solution table is provided below. You should use as many formulas in your solution as possible (e.g., IF function)
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