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The following information is available for 2016 for Morris Company, a worldwide conglomerate (in millions): Unaffiliated
Posted: Thu May 19, 2022 2:20 pm
by answerhappygod
- The Following Information Is Available For 2016 For Morris Company A Worldwide Conglomerate In Millions Unaffiliated 1 (63.07 KiB) Viewed 79 times
The following information is available for 2016 for Morris
Company, a worldwide conglomerate (in millions): Unaffiliated Sales Intersegment Operating Profit Assets Sales (Loss) Japan 4800 1300 11,000 China 600 200 800 United States 550 V100 (50) 650 Europe 400 SO 100 600 Korea 100 (20) 300 Southeast 50 10 100 Asia Other 20 5 5 80 Segment 2,520 170 545 3,530 Corporate (60) 150 Consolidated V2.520 0 4485 13,640 20 Required: a) Which segments are reportable segments under (a) the revenue test, (b) the operating profit test, and (c) the asset test? b) Do additional reportable segments have to be identified?