Porter Company is engaged solely in manufacturing operations. The following data (consistent with prior-years data) pertain to the segments in which operations were conducted for the year ended December 31, 2019. Segment Total Revenue Segment Profit Assets at 31/12/19 A $10,000,000 $1,750,000 $20,000,000 B 8,000,000 1,400,000
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Porter Company is engaged solely in manufacturing operations. The following data (consistent with
prior-years data) pertain to the segments in which operations were conducted for the year ended
December 31, 2019.
Segment Total
Revenue
Segment
Profit
Assets at
31/12/19
A $10,000,000 $1,750,000 $20,000,000
B 8,000,000 1,400,000 17,500,000
C 6,000,000 1,200,000 12,500,000
D 3,000,000 550,000 7,500,000
E 4,250,000 675,000 7,000,000
F 1,500,000 225,000 3,000,000
Totals $32,750,000 5,800,000 67,500,000
In its segment information for 2019, how many reportable segments does Porter have?
A. 3
B. 4
C. 5
D. 6
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