5. What is the total revenue of the reportable segments after considering the quantitative thresholds but without regard to aggregation criteria? * 5. Bilo-Bilo Company provided the following data for the current year: Segment A B Revenue Profit (Loss) Assets 600,000 215,000 450,000 80,000 25,000 80,000 C 360,000 50,000 250,000 ס|חן ד D 190,000 (35,000) 140,000 E 190,000 (20,000) 160,000 F 80,000 10,000 140,000 G 120,000 (20,000) 140,000 Others 380,000 (25,000) 140,000 a. The "others" category included five operating segments, none of which has revenue or assets greater than P50,000 and none with an operating profit. b. Operating segments B and C produce very similar products and use very similar production processes, but serve different customer types and use quite different product distribution system. Segment B operates in a regulated environment while Segment C does not. c. Operating segments F and G have very similar products, production processes, product distribution systems, but they serve substantially different types of customers Neither Segments F and G operate in a regulated environment.

5. What is the total revenue of the reportable segments after considering the quantitative thresholds but without regard to aggregation criteria? * 5. Bilo-Bilo Company provided the following data for the current year: Segment A B Revenue Profit (Loss) Assets 600,000 215,000 450,000 80,000 25,000 80,000 C 360,000 50,000 250,000 ס|חן ד D 190,000 (35,000) 140,000 E 190,000 (20,000) 160,000 F 80,000 10,000 140,000 G 120,000 (20,000) 140,000 Others 380,000 (25,000) 140,000 a. The "others" category included five operating segments, none of which has revenue or assets greater than P50,000 and none with an operating profit. b. Operating segments B and C produce very similar products and use very similar production processes, but serve different customer types and use quite different product distribution system. Segment B operates in a regulated environment while Segment C does not. c. Operating segments F and G have very similar products, production processes, product distribution systems, but they serve substantially different types of customers Neither Segments F and G operate in a regulated environment.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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