In its segment information for 2014, how many reportable segments does Buddy Company have?a) 6b) 5c) 4d) 3 Buddy Company and its divisions are engaged solely in manufacturingoperations. The following data pertain to the industries in which operationswere conducted for the year ended December 31, 2014:RevenueRevenue .from within2,000,0003,000,0007,000,0001,500,0003,600,000OperatingProfit3,600,0002,800.0002,4CU.0001,200,0001,400,000600.00012,000.000ĮdentifiableAssets40,000,00036,000,000fromSegments outsiders18,000,00013,000,0005,000,0004,500,0005,400,0003,000,00048.900.000Aв28,000,00016,000,00014,000,0006.000.000140.000,000DETotal17.100.000

A segment is a component or element in a business unit which helps in generating revenues and…

Buddy Company and its divisions are engaged solely in manufacturing operations. The following data pertain to the industries in which operations were conducted for the year ended December 31, 2014: Revenue Revenue . Operating from within 2,000,000 3,000,000 7,000,000 1,500,000 3,600,000 Identifiable Assets 40,000,000 36,000,000 28,000,000 from Profit 3,600,000 outsiders 18,000,000 13,000,000 5,000,000 4,500,000 5,400,000 3.000,000 48,900.000 Segments A 2,800.000 2,4CU,000 1,200,000 1,400,000 600.000 12,000.000 B E F Total 16,000,000 14,000,000 6.000.000 140.000,000 17.100,000

Buddy Company and its divisions are engaged solely in manufacturing operations. The following data pertain to the industries in which operations were conducted for the year ended December 31, 2014: Revenue Revenue . Operating from within 2,000,000 3,000,000 7,000,000 1,500,000 3,600,000 Identifiable Assets 40,000,000 36,000,000 28,000,000 from Profit 3,600,000 outsiders 18,000,000 13,000,000 5,000,000 4,500,000 5,400,000 3.000,000 48,900.000 Segments A 2,800.000 2,4CU,000 1,200,000 1,400,000 600.000 12,000.000 B E F Total 16,000,000 14,000,000 6.000.000 140.000,000 17.100,000

SWFT Individual Income Taxes

43rd Edition

ISBN:9780357391365

Author:YOUNG

Publisher:YOUNG

Chapter18: Accounting Periods And Methods

Section: Chapter Questions

Problem 23DQ

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