Umbrella Company and its divisions are engaged solely in manufacturingoperations . The following data pertain to the industries in which operations wereconducted for the year ended December 31, 2014:RevenueFromRevenueOperatingIdentifiableSegmentsoutsidersfrom within ProfitAssetsA18,000,0002,000,0003,600,00040,000,000B13,000,0003,000,0002,800.00036,000,000C5,000,0007,000,0001,500,0002,400,0001,200,00028,000,00016,000,000D4,500,000E5,400,0003,600,0001,400,00014,000,0006,000,000140,000,000F3,000,000600,000Total48,900,00017,100,00012,000,000In its segment information for 2014, how many reportable segments doesUmbrella Company have?

Reportable segments: These are the company’s segments whose individual revenues are 10% of the…

Umbrella Company and its divisions are engaged solely in manufacturing operations. The following data pertain to the industries in which operations were conducted for the year ended December 31, 2014: Revenue From Revenue Operating Identifiable Segments outsiders from within Profit Assets A 18,000,000 2,000,000 3,600,000 40,000,000 В 13,000,000 3,000,000 2,800.000 36,000,000 5,000,000 7,000,000 2,400,000 28,000,000 D 4,500,000 1,500,000 1,200,000 16,000,000 E 5,400,000 3,600,000 1,400,000 14,000,000 F 3,000,000 600,000 6,000,000 140,000,000 Total 48,900,000 17,100,000 12,000,000 In its segment information for 2014, how many reportable segments does Umbrella Company have?

Umbrella Company and its divisions are engaged solely in manufacturing operations. The following data pertain to the industries in which operations were conducted for the year ended December 31, 2014: Revenue From Revenue Operating Identifiable Segments outsiders from within Profit Assets A 18,000,000 2,000,000 3,600,000 40,000,000 В 13,000,000 3,000,000 2,800.000 36,000,000 5,000,000 7,000,000 2,400,000 28,000,000 D 4,500,000 1,500,000 1,200,000 16,000,000 E 5,400,000 3,600,000 1,400,000 14,000,000 F 3,000,000 600,000 6,000,000 140,000,000 Total 48,900,000 17,100,000 12,000,000 In its segment information for 2014, how many reportable segments does Umbrella Company have?

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Monty Company Is Involved In four separate Industrles. The followIng Information Is avallable for each of the four Industries. operating Segment Total Revenue Operating Profit (Loss) $15,220 2,410 (3,020) Identifiable Assets W. $55,796 $182,990 91,495 24,050 6,744 1,090 18,930 $96,200 $15,700 $315,500 Determine which of the operating segments are reportable based on the: Reportable Segments (a) Revenue test. (b) Operating profit (loss) test. IdentifiabiE 25sets test.
Assume that Walmart Inc. has decided to surface and maintain for 10 years a vacant lot next to one of its stores to serve as a parking lot for customers. Management is considering the following bids involving two different qualities of surfacing for a parking area of 11,300 square yards. Bid A: A surface that costs $5.25 per square yard to install. This surface will have to be replaced at the end of 5 years. The annual maintenance cost on this surface is estimated at 25 cents per square yard for each year except the last year of its service. The replacement surface will be similar to the initial surface. Bid B: A surface that costs $10.75 per square yard to install. This surface has a probable useful life of 10 years and will require annual maintenance in each year except the last year, at an estimated cost of 12 cents per square yard. Click here to view factor tables. Compute present value of the bids. You may assume that the cost of capital is 12%, that the annual maintenance…
Waterway Company is involved in four separate industries. The following information is available for each of the four industries Operating Segment w X Total Revenue $56,202 9,680 24,225 6,793 $96,900 Operating Profit (Loss) $16,000 2,480 (3,130) 1,150 $16,500 Identifiable Assets $172,434 86,217 20,811 17,838 $297,300 Y Z Determine which of the operating segments are reportable based on the: Reportable Segments (a) Revenue test. (b) Operating profit (loss) test. (c) Identifiable assets test.
PROVIDE Answer with calculation
The following financial information was summarized from the accounting records of Train Corporation for the current year ended December 31: Locomotive Division Cost of goods sold Direct operating expenses Sales Interest expense General overhead. Income tax Rails Division $ 47,200 27,200 108,000 The income from operations for the Rails Division is O $21,150 Ob. $33,600 O $8,700 O d. $60,800 $30,720 20,040 78,000 Corporate Total $2,040 18,160 4,700
Saved He Chevalier Company has identified five industry segments: plastics, metals, lumber, paper, and finance. t appropriately consolidated each of these segments in producing its annual financial statements. Information describing each segment (in thousands) follows: Accounts Sales to outside parties Intersegment sales Interest income from outside parties Interest income from intersegment loans Operating expenses Interest expense Tangible assets Intangible assets Intersegment loans (debt) Plastics $ 6,625 Metals $ 2,334 Lumber $ 701 Paper $ 412 Finance 146 169 134 146 $ 0 0 0 32 19 0 40 0 0 0 0 197 4,174 74 1,742 1,046 644 29 29 64 30 100 1,467 85 0 3,176 504 751 169 399 0 0 61 0 0 0 702 Chevalier does not allocate its $1,480,000 in common expenses to the various segments. Required: a1. Perform revenue test procedure to determine Chevalier's reportable operating segments. a2. Perform profit or loss test procedure to determine Chevalier's reportable operating segments. a3. Perform…
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