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show calculation for question 24 & 25. 24. Hyams Corp. engages solely in manufacturing operations. The following data pertain to the operat- ing segments for
show calculation for question 24 & 25.
24. Hyams Corp. engages solely in manufacturing operations. The following data pertain to the operat- ing segments for the current year: Total Revenues Profit (Loss) $2,000,000 1,200,000 (1,000,000) 600,000 400,000 300,000 $3,500,000o Operating Segment Assets at 12/31 $13,000,000 9,500,000 5,500,000 3,000,000 2,000,000 2,000,000 $35,000,000 $15,000,000 11,000,000 3,000,000 7,500,000 4,500,000 2,000,000 $43,000,000 Total 24. In its segment information for the current year, how many reportable segments does Hyams have? c. Five 25. What is the minimum number of operating segments that must be separately reported? d. Segments with at least 75 percent of the revenues generated from outside partiesStep by Step Solution
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