In: Accounting
A company has five business units that may be reportable as business segments. Data for these entities is as follows:
A | ($000) B |
C | D | E | |
Sales | $621 | $853 | $1,237 | $2,832 | $4,720 |
Profit | 103 | (218) | 832 | 1.337 | (583) |
Assets | 1,200 | 2,780 | 2,324 | 4,280 | 8,321 |
Submission Requirements:
ACT470-Module 6-Option 1 | |||||||||
Segment Test: | Quantitative Thresholds | ||||||||
($1,000s) | A | B | C | D | E | Profit | Loss | ||
Sales | |||||||||
Profit | |||||||||
Assets |
A | b | C | D | E | Total | Profit | Loss | |
Reportable segments | Yes | Yes | Yes | Yes | Yes | |||
Sales | $621 | $853 | $1,237 | $2,832 | $4,720 | $10,263 | ||
% to total | 6.1 | 8.3 | 12.1 | 27.6 | 46.0 | % | ||
Profit | 103 | -218 | 832 | 1.337 | -583 | 936.337 | -801 | |
% of total profit for profits and for loss total losses | 11.0 | 27.2 | 88.9 | 0.1 | 72.8 | % | ||
Assets | 1,200 | 2,780 | 2,324 | 4,280 | 8,321 | $18,905 | ||
% to total | 6.3 | 14.7 | 12.3 | 22.6 | 44.0 | % | ||
All are reportable segments | ||||||||
I think 1.337 is $1337 may be tyo error | ||||||||
A | b | C | D | E | Total | Profit | Loss | |
Reportable segments | No | Yes | Yes | Yes | Yes | |||
Sales | $621 | $853 | $1,237 | $2,832 | $4,720 | $10,263 | ||
% to total | 6.1 | 8.3 | 12.1 | 27.6 | 46.0 | % | ||
Profit | 103 | -218 | 832 | 1337 | -583 | 2272 | -801 | |
% of total profit for profits and for loss total losses | 4.5 | 27.2 | 36.6 | 58.8 | 72.8 | % | ||
Assets | 1,200 | 2,780 | 2,324 | 4,280 | 8,321 | $18,905 | ||
% to total | 6.3 | 14.7 | 12.3 | 22.6 | 44.0 | % | ||
Revenue,profit or loss ,assets are 10% or more of its total values respectively | ||||||||
are operating segments | ||||||||