Use the following information for the next two (2) questions: Rift Stalk has the following information for its five business segments for the year 2020: External Internal Revenue Segment profit (loss) Segment Segment assets Revenue |15,000,000 4,000,000 6,000,000 10,000,000 4,500,000 2,000,000 (3,000,000) 5,000,000 C 2,500,000 1,000,000 (2,500,000) 4,000,000 1,500,000 700,000 600,000 2,000,000 500,000 300,000 (1,500,000) 1,000,000 A, B.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Based on revenu test which of the foregoing are reportable segments? 
A. A,B,C

B. A,B,C,D

c.A,B,C,D,E

D. A,B

Use the following information for the next two (2) questions:
Rift Stalk has the following information for its five business segments for the year
2020:
External
Internal
Segment profit
Segment
Segment assets
Revenue
Revenue
(loss)
15,000,000
4,000,000
16,000,000
10,000,000
IB
4,500,000
2,000,000
(3,000,000)
5,000,000
C.
2,500,000
1,000,000
(2,500,000)
4,000,000
D.
1,500,000
700,000
600,000
2,000,000
E
500,000
300,000
(1,500,000)
1,000,000
Transcribed Image Text:Use the following information for the next two (2) questions: Rift Stalk has the following information for its five business segments for the year 2020: External Internal Segment profit Segment Segment assets Revenue Revenue (loss) 15,000,000 4,000,000 16,000,000 10,000,000 IB 4,500,000 2,000,000 (3,000,000) 5,000,000 C. 2,500,000 1,000,000 (2,500,000) 4,000,000 D. 1,500,000 700,000 600,000 2,000,000 E 500,000 300,000 (1,500,000) 1,000,000
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