Hii expert please provide correct answer general accounting question A company reports segment information with the followingdata:•.•Company total average assets: $2,400,000Company total net income: $720,000Segment X average assets: $1,500,000Segment X operating income: $450,000•••Segment Y average assets: $900,000Segment Y operating income: $270,000

Step 1: Define Return on Assets (ROA) by SegmentReturn on Assets (ROA) measures how effectively a…

Answered: A company reports segment information…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter7: Variable Costing For Management analysis

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A company had average total assets of $982,4250 and net income of $190,700 and reports various segment information.
Accounting
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(Segmented Reporting) Carlton Company is involved in four separate industries. The following information is available for each of the four industries. Check the below image for information. InstructionsDetermine which of the operating segments are reportable based on the:(a) Revenue test.(b) Operating profit (loss) test.(c) Identifiable assets test.
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Topic: Operating Segments Requirement: (Show Solutions) Identify the reportable segments under the quantitative thresholds of PFRS 8
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Marin Company is involved in four separate industries. The following information is available for each of the four industries. Operating Segment Total Revenue Operating Profit (Loss) Identifiable Assets W $59,160 $16,780 $155,846 10,190 2,550 77,923 Y 25,500 (3,240) 18,809 Z 7,150 1,210 16,122 $102,000 $17,300 $268,700 Determine which of the operating segments are reportable based on the: a. Revenue test. b. Operating profit (loss) test. C. Identifiable assets test. Reportable Segments
Selected current year company information follows: Net income $ 16,153 Net sales 714,855 Total liabilities, beginning-year Total liabilities, end-of-year Total stockholders' equity, beginning-year Total stockholders' equity, end-of-year 85,932 105,201 200,935 124,851 The total asset turnover is: (Do not round intermediate calculations.)
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A company reports the following
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