Option #1: Reportable Segment Identification ACT6
Question Description
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:
- Using the ACT470_Mod06-Option01.xlsx Excel spreadsheet, identify the threshold base for each category above and signify (yes/no) if each business segment is reportable by category.
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