Umbrella Company and its divisions are engaged solely in manufacturingoperations . The following data pertain to the industries in which operations wereconducted for the year ended December 31, 2014:RevenueFromRevenueOperatingIdentifiableSegmentsoutsidersfrom within ProfitAssetsA18,000,0002,000,0003,600,00040,000,000B13,000,0003,000,0002,800.00036,000,000C5,000,0007,000,0001,500,0002,400,0001,200,00028,000,00016,000,000D4,500,000E5,400,0003,600,0001,400,00014,000,0006,000,000140,000,000F3,000,000600,000Total48,900,00017,100,00012,000,000In its segment information for 2014, how many reportable segments doesUmbrella Company have?

Reportable segments: These are the company’s segments whose individual revenues are 10% of the…

Umbrella 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 From Revenue Operating Identifiable Segments outsiders from within Profit Assets A 18,000,000 2,000,000 3,600,000 40,000,000 В 13,000,000 3,000,000 2,800.000 36,000,000 5,000,000 7,000,000 2,400,000 28,000,000 D 4,500,000 1,500,000 1,200,000 16,000,000 E 5,400,000 3,600,000 1,400,000 14,000,000 F 3,000,000 600,000 6,000,000 140,000,000 Total 48,900,000 17,100,000 12,000,000 In its segment information for 2014, how many reportable segments does Umbrella Company have?

Umbrella 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 From Revenue Operating Identifiable Segments outsiders from within Profit Assets A 18,000,000 2,000,000 3,600,000 40,000,000 В 13,000,000 3,000,000 2,800.000 36,000,000 5,000,000 7,000,000 2,400,000 28,000,000 D 4,500,000 1,500,000 1,200,000 16,000,000 E 5,400,000 3,600,000 1,400,000 14,000,000 F 3,000,000 600,000 6,000,000 140,000,000 Total 48,900,000 17,100,000 12,000,000 In its segment information for 2014, how many reportable segments does Umbrella Company have?

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter14: Decentralized Operations

Section: Chapter Questions

Problem 14.2E: Divisional income statements The following data were summarized from the accounting records for...

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