Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. our company has 5 business units that we classify

Our company has 5 business units that we classify as operating segments. Financial data for...

70.2K

Verified Solution

Question

Accounting

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 $869 $1,194 $1,732 $3,965 $6,608
Profit 144 (305) 1,165 1,872 (816)
Assets 1,680 3,892 3,254 5,992 11,649

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 AnswerYesNo AnswerYesNo AnswerYesNo AnswerYesNo AnswerYesNo
Profit AnswerYesNo AnswerYesNo AnswerYesNo AnswerYesNo AnswerYesNo
Assets AnswerYesNo AnswerYesNo AnswerYesNo AnswerYesNo AnswerYesNo

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

An athlete experiences a FOOSH mechanism and has radial side wrist pain. You suspect a scaphoid...

Medical Sciences
Q

The general ordered sequence of a virus infection is O penetration replication release assembly attachment...

Biology
Q

What was the 3 5 Compromise Oonly 3 5 of imports would be taxed 3...

Biology
Q

An airplane is heading north at an airspeed of 800 km hr but there is...

Basic Math
Q

Use the Venn diagram to write the elements of BC Enter your answer as a...

Basic Math
Q

en table indicates the transactions for one teller for one e probability that a customer...

Calculus
Q

Discuss algebraically the continuity of the function f(x)=(x-1)/(x-4x+3). How many discontinuities does it have? Which...

Calculus
Q

For the following exercise simplify the rational expression 16 3 2 x 1 X 1...

Algebra
Q

Write the microcode for the Mic-1 to implement the IJVM instruction IADD. This instruction pops...

Accounting
Q

Caitlin and Robbie are about to begin the audit of a major clients' purchasing process....

Accounting
Q

E13 x & fx A B D E F G H 67 68 69...

Finance
Q

Differentiate between realized and expected returns

Finance