
a
Introduction:
Segment disclosures: ASC 280 specifies disclosures required for each reportable segment. The following are the quantifiable and descriptive information that must be disclosed for each segment.
- General information must be disclosed regarding how the company classifies and identifies each reportable segment, type of products and services
- Number of each separately reportable segment should include information of each segment profit or loss and segment assets
- Measurement of profit a firm must disclose its revenue, interest earned, interest expenses,
depreciation and other expenses - Segment assets information about assets of each segment.
- Reconciliations to consolidated totals segment disclosure must also consider reconciliations between all the reportable segments.
The purpose of requiring segment information in financial statements.
b
Introduction:
Segment disclosures: ASC 280 specifies disclosures required for each reportable segment. The following are the quantifiable and descriptive information that must be disclosed for each segment.
- General information must be disclosed regarding how the company classifies and identifies each reportable segment, type of products and services
- Number of each separately reportable segment should include information of each segment profit or loss and segment assets
- Measurement of profit a firm must disclose its revenue, interest earned, interest expenses, depreciation and other expenses
- Segment assets information about assets of each segment.
- Reconciliations to consolidated totals segment disclosure must also consider reconciliations between all the reportable segments.
The factors that should be considered when attempting to decide how products should be grouped to determine a single business segment.
c
Introduction:
Segment disclosures: ASC 280 specifies disclosures required for each reportable segment. The following are the quantifiable and descriptive information that must be disclosed for each segment.
- General information must be disclosed regarding how the company classifies and identifies each reportable segment, type of products and services
- Number of each separately reportable segment should include information of each segment profit or loss and segment assets
- Measurement of profit a firm must disclose its revenue, interest earned, interest expenses, depreciation and other expenses
- Segment assets information about assets of each segment.
- Reconciliations to consolidated totals segment disclosure must also consider reconciliations between all the reportable segments.
The options available for C Inc. for disclosure of its new antihistamine product line.

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Chapter 13 Solutions
ADVANCED FINANCIAL ACCT.(LL) >CUSTOM<
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- I am trying to find the accurate solution to this financial accounting problem with the correct explanation.arrow_forwardKD Industries has 30 million shares outstanding with a market price of $20 per share and no debt. KD has had consistently stable earnings and pays a 35% tax rate. Management plans to borrow $200 million on a permanent basis through a leveraged recapitalization in which they would use the borrowed funds to repurchase outstanding shares. The present value of KD's interest tax shield is closest to a. $130 million b. $200 million c. $400 million d. $70 millionarrow_forwardCorrect answer please general accountingarrow_forward
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