Scribd
Upload
88 views3 pages

Chapter 13-Segment N Interim Reporting

The document summarizes financial information for multiple divisions of different companies. It analyzes the divisions based on three tests - operating segment revenue test, profit or loss test, and asset test - to determine which divisions must be reported separately. It finds that for Fireside Corporation, the Cards and Calendar divisions meet the reporting requirement. For Ecru Company, the Plastics and Metals divisions meet the requirement.

Uploaded by

BeLoopers
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
88 views3 pages

Chapter 13-Segment N Interim Reporting

The document summarizes financial information for multiple divisions of different companies. It analyzes the divisions based on three tests - operating segment revenue test, profit or loss test, and asset test - to determine which divisions must be reported separately. It finds that for Fireside Corporation, the Cards and Calendar divisions meet the reporting requirement. For Ecru Company, the Plastics and Metals divisions meet the requirement.

Uploaded by

BeLoopers
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
You are on page 1/ 3

fireside corporation

revenue intersegment operating


from outsiders transfer expenses
cards 1200000 100000 900000 400000 profit
calendar 900000 200000 1350000 -250000 loss
clothing 1000000 0 700000 300000 profit
books 800000 50000 770000 80000 profit
3900000 350000 3720000
additional expenses incurred 700000
3900000+350000-372000-700000 -170000 loss

profit (tanpa tambahan biaya operasional)


calendars -250000 78000 reportable
cards 400000 > 78000 reportable
clothing 300000 > 78000 reportable
books 80000 > 78000 reportable
780000
10% 78000

profit or loss (ada tambahan biaya operasional)


loss -170000
10% -17000

cards 400000 -17000 reportable


calendar -250000 > -17000 reportable
clothing 300000 -17000 reportable
books 80000 -17000 reportable
ecru company
plastics metals lumber paper finance
sales to outside part 6694 2354 711 422 0
intersegments transf 148 173 138 150 0
interest income from 0 34 21 0 42
interest income fro 0 0 0 0 201
6842 2561 870 572 243

plastics 6842 > 1108.8 yes reportable


metals 2561 > 1108.8 yes reportable
lumber 870 < 1108.8 no
paper 572 < 1108.8 no
finance 243 < 1108.8 no
revenue 11088
10% 1108.8

profit or loss test


plastics metals lumber paper finance
sales to outside part 6694 2354 711 422 0
intersegments transf 148 173 138 150 0
interest income from 0 34 21 0 42
interest income fro 0 0 0 0 201
revenues 6842 2561 870 572 243
operating expenses 4214 1762 1066 654 31
interest expense 76 31 66 28 102
expenses 4290 1793 1132 682 133 8030
profit or loss 2552 768 -262 -110 110

P/L
plastics 2552 > 159.8 yes reportable
metals 768 > 159.8 yes reportable
lumber -262 > 159.8 yes reportable
paper -110 > 159.8 no
finance 110 > 159.8 no
revenue totals 3058
total expenses 8030
1460 9490
profit -6432
10% -643.2

asset test plastics metals lumber paper finance


tangible assets 1501 3196 524 771 179
intangible assets 87 403 0 63 0
intersegment loans 0 0 0 0 706
1588 3599 524 834 885 7430
> > < > > 10%
743 743 743 743 743 743

operating segment revenue test P/L test asset test


plastics v v v reportable
metals v v v reportable
lumber v reportable
paper v reportable
finance v reportable

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy