Question
Quantitative thresholds for classification as an operating segment Our company has 5 business units that we classify as operating segments. Financial data for these units
Quantitative thresholds for classification as an operating segment 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 $500 $500 $75 $750 $5,000
Profit $25 ($750) ($75) ($5) $1,250
Assets $750 $375 $250 $250 $3,750
Calculate the quantitative thresholds and determine 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 | |||||
Profit | |||||
Assets |
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