In its segment information for 2006, how many reportable segments does Correy have?


Question Description:

30

In its segment information for 2006, how many reportable segments does Correy have? 1 answer below » Correy Corp. and its divisions (each is an operating segment) are engaged solely in manufacturing operations. The following data (consistent with prior years’ data) pertain to the operations conducted for the year ended December 31, 2006: align=”left”> View complete question » (Industry operating segment) Total revenue Operating profit Identifiable assets at 12/31/06 A $10,000,000 $1,750,000 $20,000,000 B 8,000,000 1,400,000 17,500,000 C 6,000,000 1,200,000 12,500,000 D 3,000,000 550,000 7,500,000 E 4,250,000 Correy Corp. and its divisions (each is an operating segment) are engaged solely in manufacturing operations. The following data (consistent with prior years’ data) pertain to the operations conducted for the year ended December 31, 2006: align=”left”> (Industry operating segment) Total revenue Operating profit Identifiable assets at 12/31/06 A $10,000,000 $1,750,000 $20,000,000 B 8,000,000 1,400,000 17,500,000 C 6,000,000 1,200,000 12,500,000 D 3,000,000 550,000 7,500,000 E 4,250,000 675,000 7,000,000 F 1,500,000 225,000 3,000,000 $32,750,000 $5,800,000 $67,500,000 In its segment information for 2006, how many reportable segments does Correy have? Three. Four. Five. Six. View less » Jun 10 2014 04:58 PM

Answer

30