Solution-Which of fall operating segments would be

Which of fall operating segments would be considered

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Reference no: EM131961971

Question - The following data relate to Fall Corporation's industry segments:

Industry Segment	Sales to External Customers	Intersegment Sales	Assets
Pumpkin Division	$80,000		$310,000
Apple Products	240,000		720,000
Plastics	20,000	$20,000	120,000
Costume Production	220,000	160,000	980,000
Party Products	20,000	75,000	270,000
Totals	$580,000	$255,000	$2,400,000

1. Which of Fall's operating segments would be considered reporting segments under the "revenue" test?

2. Which of Fall's operating segments would be considered reporting segments under the "asset" test?

Reference no: EM131961971

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Which of fall operating segments would be considered

Reference no: EM131961971

Reference no: EM131961971

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