A company has five business units that may be reportable as business segments. Data for these entities is as follows:
A ($000)B C D E
Sales $621 $853 $1,237 $2,832 $4,720
Profit 103 (218) 832 1.337 (583)
Assets 1,200 2,780 2,324 4,280 8,321
Using the excel spread sheet below identify the threshold base for each category above and signify (yes/no) if each business segment is reportable by category:
Segment Test: Quantitative Thresholds
($1,000s) A B C D E Profit Loss
Sales
Profit
Assets
Answers: 1
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A company has five business units that may be reportable as business segments. Data for these entiti...
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