Determine which segments are considered to be reportable and whether the reportable

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Revenues:
External
Intersegment
Expenses
Assets..
Film
Studios
Software
Development
Leisure
Clothing
Office Design
Total Entity
Group
Values
$82,000,000
$12,000,000
$45,000,000
$22,000,000
$177,000,000
0
93,000,000
3,400,000
18,000,000
0
22,000,000
2,700,000
18,000,000
0
166,000,000
38,000,000
5,400,000
13,000,000
5,000,000
70,000,000
Determine which segments are considered to be reportable and whether the reportable
segments represent a significant portion of entity consolidated revenues.
Transcribed Image Text:Revenues: External Intersegment Expenses Assets.. Film Studios Software Development Leisure Clothing Office Design Total Entity Group Values $82,000,000 $12,000,000 $45,000,000 $22,000,000 $177,000,000 0 93,000,000 3,400,000 18,000,000 0 22,000,000 2,700,000 18,000,000 0 166,000,000 38,000,000 5,400,000 13,000,000 5,000,000 70,000,000 Determine which segments are considered to be reportable and whether the reportable segments represent a significant portion of entity consolidated revenues.
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