EMBOSOM CHERISH Co. engages in five diversified operations namely, operations A, B, C, D, and E. Information on these segments are shown below: Profit (loss) 800 Segments Revenues Assets 40,000 3,200 A 3,200 400 8,000 в 200 40 4,000 600 80 8,000 800 280 24,000 8,000 1,600 84,000 Totals Additional information: a. For internal reporting purposes, segments A and B are considered as one operating segment. b. Segment E is considered as an operating segment for internal decision making purposes. c. Segments C and D have similar economic characteristics and share a majority of the aggregation criteria. 19. What are the reportable segments? a. A, B, C, D and E b. A, B and E c. A and B as one segment and E d. A and B as one segment, E, and C and D as one segment

EMBOSOM CHERISH Co. engages in five diversified operations namely, operations A, B, C, D, and E. Information on these segments are shown below: Profit (loss) 800 Segments Revenues Assets 40,000 3,200 A 3,200 400 8,000 в 200 40 4,000 600 80 8,000 800 280 24,000 8,000 1,600 84,000 Totals Additional information: a. For internal reporting purposes, segments A and B are considered as one operating segment. b. Segment E is considered as an operating segment for internal decision making purposes. c. Segments C and D have similar economic characteristics and share a majority of the aggregation criteria. 19. What are the reportable segments? a. A, B, C, D and E b. A, B and E c. A and B as one segment and E d. A and B as one segment, E, and C and D as one segment

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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