How many reportable segments does tail company have

Assignment Help Accounting Basics
Reference no: EM132787730

Taíl 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:

Segments            Total Revenue           Operating Profit             Identifiable Assets

A                          20,000,000                  3,600,000                40,000,000
B                        16,000,000                   2,800,000                 36,000,000
C                      12,000,000                       2,400,000               28,000,000
D                     6,000,000                        1,200,000                   16,000,000
E                   9,000,000                          1,400,000                     14,000,000
F                    3,000,000                       600,000                         6,000,000
               66,000,000                            12,000,000                      140,000,000

Problem 1: In its segment information for 2014. how many reportable segments does Tail Company have?

A. Three
B. Four
C. Five
D. Six

Reference no: EM132787730

Questions Cloud

How many moles purified copper metal is collected : Metal oxides are often heated at high temperatures in the presence of carbon to retrieve the purified metal. Cu2O(s) + C(s) Cu(s) + CO(g) If a 50.0 g
How many reportable segments does buddy company have : In its segment information for 2014, how many reportable segments does Buddy Company have? Buddy Company and its divisions are engaged solely
What is the company contribution margin ratio : The company has no beginning or ending inventories. A total of 20,000 units were produced and sold last month. What is the company contribution margin ratio
What is the gain on sale of equipment to be recognized : The present value of an ordinary annuity of 1 at 12% is 5.65 for ten periods and 5.33 for nine periods. What is the gain on sale of equipment
How many reportable segments does tail company have : Taíl Company and its divisions are engaged solely, In its segment information for 2014. how many reportable segments does Tail Company have?
Calculate taxable income and taxes payable : Depreciation expense for 2020 was $220,000. Capital Cost Allowance (CCA) claimed for the year was $245,000. Calculate taxable income and taxes payable
Post a description of the prevention program : Post a description of the prevention program that you selected and explain why it was not successful in preventing addiction. Then based on this information.
What is the temperature in kelvin : A thermometer reads -130.9 °F. What is the temperature in Kelvin?
Bond angle between two bond pairs of electrons : How do the lone pairs of electrons around the central atom of a molecule affect the bond angle between two bond pairs of electrons?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd