Ayayai Corp. and its divisions are engaged solely in manufacturing operations. The following data pertain to the segments in which operations were conducted for the year ended December 31, 2026. Industry A B C D E F LL four five three Revenue Profit $7920000 $1322000 6310000 O six 1120000 952000 2280000 430000 3240000 548000 1230000 179000 $25930000 $4551000 4950000 Assets 12/31/26 $15900000 13990000 10100000 In its segment information for 2026, how many reportable segments does Ayayai have? 5100000 5670000 2400000 $53160000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

Dengar 

Ayayai Corp. and its divisions are engaged solely in manufacturing operations. The following data pertain to the segments in which
operations were conducted for the year ended December 31, 2026.
Industry
A
B
C
D
E
F
O four
O five
three
Revenue
O six
Profit
$7920000 $1322000
6310000
1120000
4950000
2280000
952000
430000
3240000
548000
1230000
179000
$25930000 $4551000
Assets
12/31/26
$15900000
13990000
10100000
5100000
In its segment information for 2026, how many reportable segments does Ayayai have?
5670000
2400000
$53160000
Transcribed Image Text:Ayayai Corp. and its divisions are engaged solely in manufacturing operations. The following data pertain to the segments in which operations were conducted for the year ended December 31, 2026. Industry A B C D E F O four O five three Revenue O six Profit $7920000 $1322000 6310000 1120000 4950000 2280000 952000 430000 3240000 548000 1230000 179000 $25930000 $4551000 Assets 12/31/26 $15900000 13990000 10100000 5100000 In its segment information for 2026, how many reportable segments does Ayayai have? 5670000 2400000 $53160000
Expert Solution
steps

Step by step

Solved in 3 steps with 2 images

Blurred answer
Knowledge Booster
Segment Reporting
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education