29. Pan Company and its divisions are engaged solely in manufacturing. The entity reported the operating profit or loss of its divisions at Segment A P20,000,000 profit, Segment B P10,000,000 loss, Segment C P6,000,000 loss, Segment D P9,000,0000 loss, and Segment E P2,000,000 profit. What is the minimum operating profit or loss for a segment to be classified as reportable segment? A. 4,700,000 B. 2,500,000 C. 2,200,000 D. 2,000,000
29. Pan Company and its divisions are engaged solely in manufacturing. The entity reported the operating profit or loss of its divisions at Segment A P20,000,000 profit, Segment B P10,000,000 loss, Segment C P6,000,000 loss, Segment D P9,000,0000 loss, and Segment E P2,000,000 profit. What is the minimum operating profit or loss for a segment to be classified as reportable segment? A. 4,700,000 B. 2,500,000 C. 2,200,000 D. 2,000,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![29. Pan Company and its divisions are engaged solely in manufacturing. The entity reported the
operating profit or loss of its divisions at Segment A P20,000,000 profit, Segment B
P10,000,000 loss, Segment C P6,000,000 loss, Segment D P9,000,0000 loss, and Segment
E P2,000,000 profit. What is the minimum operating profit or loss for a segment to be classified
as reportable segment?
A. 4,700,000
B. 2,500,000
C.
2,200,000
D. 2,000,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ffaa30df9-c459-4ca8-a349-f55c98007ebb%2F583d6481-1a7c-471c-a6e2-020442f77812%2Fa58xhel_processed.jpeg&w=3840&q=75)
Transcribed Image Text:29. Pan Company and its divisions are engaged solely in manufacturing. The entity reported the
operating profit or loss of its divisions at Segment A P20,000,000 profit, Segment B
P10,000,000 loss, Segment C P6,000,000 loss, Segment D P9,000,0000 loss, and Segment
E P2,000,000 profit. What is the minimum operating profit or loss for a segment to be classified
as reportable segment?
A. 4,700,000
B. 2,500,000
C.
2,200,000
D. 2,000,000
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