Buddy 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 Revenue . Operating from within 2,000,000 3,000,000 7,000,000 1,500,000 3,600,000 Identifiable Assets 40,000,000 36,000,000 28,000,000 from Profit 3,600,000 outsiders 18,000,000 13,000,000 5,000,000 4,500,000 5,400,000 3.000,000 48,900.000 Segments A 2,800.000 2,4CU,000 1,200,000 1,400,000 600.000 12,000.000 B E F Total 16,000,000 14,000,000 6.000.000 140.000,000 17.100,000
Buddy 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 Revenue . Operating from within 2,000,000 3,000,000 7,000,000 1,500,000 3,600,000 Identifiable Assets 40,000,000 36,000,000 28,000,000 from Profit 3,600,000 outsiders 18,000,000 13,000,000 5,000,000 4,500,000 5,400,000 3.000,000 48,900.000 Segments A 2,800.000 2,4CU,000 1,200,000 1,400,000 600.000 12,000.000 B E F Total 16,000,000 14,000,000 6.000.000 140.000,000 17.100,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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In its segment information for 2014, how many reportable segments does Buddy Company have?
a) 6
b) 5
c) 4
d) 3
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