WarnaSonic Inc. is an electronic company that operates in five countries around the world. Below is the information in 2019 (in Rupiah): 2 dd Semester U.S. England Singapore India Autralia Sales to external entities 9,100,000 || 10,950,000 5,000,000 || 13,200,000 4,250,000 Intersegment sales 2,500,000 1,700,000 -0- 4,500,000 500,000 Operating profit/loss 4,100,000 3,750,000 600,000 || -3,500,000 -760,000 Asset 2,100,000 4,250,000 1,100,000 2,450,000 900,000 Required: Determine the reportable segments using 3 threshold tests and external revenue test.

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
WarnaSonic Inc. is an electronic company that operates in five countries around the world. Below is
the information in 2019 (in Rupiah):
2
Jad Semester F...
U.S.
England
Singapore
India
Autralia
Sales to external entities
9,100,000 || 10,950,000
5,000,000| 13,200,000
4,250,000
Intersegment sales
Operating profit/loss
2,500,000
1,700,000
-0-
4,500,000
500,000
4,100,000
3,750,000
600,000
-3,500,000
-760,000
Asset
2,100,000
4,250,000
1,100,000
2,450,000
900,000
Required:
Determine the reportable segments using 3 threshold tests and external revenue test.
Transcribed Image Text:WarnaSonic Inc. is an electronic company that operates in five countries around the world. Below is the information in 2019 (in Rupiah): 2 Jad Semester F... U.S. England Singapore India Autralia Sales to external entities 9,100,000 || 10,950,000 5,000,000| 13,200,000 4,250,000 Intersegment sales Operating profit/loss 2,500,000 1,700,000 -0- 4,500,000 500,000 4,100,000 3,750,000 600,000 -3,500,000 -760,000 Asset 2,100,000 4,250,000 1,100,000 2,450,000 900,000 Required: Determine the reportable segments using 3 threshold tests and external revenue test.
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Accounting for Foreign Exchange Transactions
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.
Similar questions
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