1) Shine Company operate in five identifiable segment A, B, C, D and E. During the past year, sales to unaffiliated customers and intersegment sales for each segment were as follows: Segment Sales Intersegment Total Sales Sale 2$ A 1,000 800 1,800 2800 200 3000 C 750 130 880 420 60 480 D 700 250 950 Total 5.670 1,440 7,110 Required: Applying the revenue test, determine "D" test %. Select one: a. 42.19% b. 6.75% c. 25.32% d. 13.36%
1) Shine Company operate in five identifiable segment A, B, C, D and E. During the past year, sales to unaffiliated customers and intersegment sales for each segment were as follows: Segment Sales Intersegment Total Sales Sale 2$ A 1,000 800 1,800 2800 200 3000 C 750 130 880 420 60 480 D 700 250 950 Total 5.670 1,440 7,110 Required: Applying the revenue test, determine "D" test %. Select one: a. 42.19% b. 6.75% c. 25.32% d. 13.36%
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 38E: Sundahl Companys income statements for the past 2 years are as follows: Refer to the information for...
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