The Fratilo Co. had three operating segments with the following information: Pens Pencils Erasers Sales to...
The Fratilo Co. had three operating segments with the following information:
| Pens | Pencils | Erasers | |||||||||
| Sales to outsiders | $ | 11,200 | $ | 5,600 | $ | 8,400 | |||||
| Intersegment transfers | 840 | 1,400 | 1,960 | ||||||||
In addition, revenues generated at corporate headquarters are $1,400.
Combined segment revenues are calculated to be:
Homework Answers
Combined segment revenues = $11,200 + $5,600 + $8,400 + $840 + $1,400 + $1,960
Combined segment revenues = $29,400
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The Fratilo Co. had three operating segments with the following information: Pens Pencils Erasers Sales to...
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S Segment Reporting Worksheet and Schedules Calvin Inc. has operating segments in five different ...
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Vehicle Corporation is organized into four operating segments. The internal reporting system generated the following segment...
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Vehicle Corporation is organized into four operating segments. The internal reporting system generated the following segment...
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Vehicle Corporation is organized into four operating segments. The internal reporting system generated the following segment...
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West Corporation reported the following consolidated data for 20X2: Sales $ 1,165,000 Consolidated income before taxes...
West Corporation reported the following consolidated data for
20X2:
Sales
$
1,165,000
Consolidated income before taxes
136,000
Total assets
1,280,000
Data reported for West’s four operating divisions are as
follows:
Division A
Division B
Division C
Division D
Sales to outsiders
$
440,000
$
166,000
$
490,000
$
69,000
Intersegment sales
58,000
18,000
19,000
Traceable costs
253,000
98,000
298,000
90,000
Assets
471,000
113,000
508,000
83,000
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subsequently sold to nonaffiliates....
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JOHNSON & JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (Dollars and Shares in Millions Except Per...
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s Segment Reporting Worksheet and Schedules Calvin Inc. has operating segments in five different industries: apparel, building, chemical ture, and machinery. Data for the five segments for 20XI are as follows: Apparel Building ChemicalFurniture Machine $870.000 $750.000 Sales to nonaffillates Intersegment sales Cost of goods sold Selling expenses Other traceable $55.000 $95.000 40,000 420005.000 6,000 7,000 5.000 480000 450,000 78,000 160,000 40,000 80,000 610,000 20,000 10.000 expenses 30,000 75.000 560,000 12.000 Allocated general corporate expenses 13,000 Other information Segment assets...
Vehicle Corporation is organized into four operating segments. The internal reporting system generated the following segment information: Autos Trucks SUVs Motorcycles Revenues from Outsiders $ 4,019,000 3,519,000 2,619,000 919,000 Intersegment Transfers $ 119,000 219,000 0 69,000 Operating Expenses $ 3,619,000 4,019,000 2 ,019,000 1,039,000 The company incurred additional operating expenses (of a general nature) of $1,219,000. a. What is the profit or loss of each of these segments? b. Perform the profit or loss test to determine which of these...
Vehicle Corporation is organized into four operating segments. The internal reporting system generated the following segment information: Revenues from Outsiders $ 4,019,000 3,519,000 2,619,000 919,000 Intersegment Transfers $ 119,000 219,000 Autos Trucks SUVs Motorcycles Operating Expenses $3,619,000 4,019,000 2,019,000 1,039,000 69,000 The company incurred additional operating expenses (of a general nature) of $1,219,000. a. What is the profit or loss of each of these segments? b. Perform the profit or loss test to determine which of these segments is separately...
Vehicle Corporation is organized into four operating segments. The internal reporting system generated the following segment information: Autos Trucks Revenues from Outsiders $ 4,000,000 3,500,000 2,600,000 900.000 Intersement Transfers $ 100,000 200.000 $ SUS Operating Expenses 3,600,000 4,000,000 2,000,000 1,020,000 Motorcycles 50.000 The company incurred additional operating expenses (of a general nature) of $1.200.000 a. What is the profit or loss of each of these segments? b. Perform the profit or loss test to determine which of these segments is...
West Corporation reported the following consolidated data for
20X2:
Sales
$
1,165,000
Consolidated income before taxes
136,000
Total assets
1,280,000
Data reported for West’s four operating divisions are as
follows:
Division A
Division B
Division C
Division D
Sales to outsiders
$
440,000
$
166,000
$
490,000
$
69,000
Intersegment sales
58,000
18,000
19,000
Traceable costs
253,000
98,000
298,000
90,000
Assets
471,000
113,000
508,000
83,000
Intersegment sales are priced at cost, and all goods have been
subsequently sold to nonaffiliates....
P13-19 Segment Disclosures in the Financial Statements LO 13-2 Multiplex Inc., a public consolidated financial statements for 20X5: company whose stock is traded on a national stock exchange, reported the following information on its Prom the consolidated income statement Sales revenues Rental revenues Incone before income taxes $657,000,000 53,000,000 89,000,000 24,000,000 Fron the consolidated balance sheet: Total assets $672,000,000 Multiplex management determined that it had the following communications, (4) health and fitness products, and (5) heavy equipment manufacturing. The company...
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JOHNSON & JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (Dollars and Shares in Millions Except Per Share Amounts) (Note 1)* 2016 71,890 21,789 50.101 20,067 9.143 29 Sales to customers Cost of products sold Gross profit Selling, marketing and administrative expenses Research and development expense In-process research and development Interest income Interest expense, net of portion capitalized (Note 4) Other (income) expense, net Restructuring (Note 22) Eamings before provision for taxes on income Provision for taxes on income (Note 8)...
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