Dean Hardware, Inc. is comprised of five operating segments. Information about each of these segments is as follows (in thousands): Rakes Pails Shovels Hardware AccessoriesSales to outsiders$94 $506 $44 $122 $28 Intersegment transfers 4 26 14 30 24 Interest revenue - outsiders 2 - 4 8 - Interest revenue - intersegment - 6 - - 22 Operating expenses - outsiders 116 414 40 102 26 Operating expenses - intersegment 2 20 6 16 22 Interest expense - 12 - 2 22 Income taxes (4) 10 4 6 2 Tangible assets 18 116 12 12 8 Intangible assets - - 4 8 6 Intersegment
receivables 8 6 - - - ?Which operating segments are reportable under the profit or loss test?
A. Pails and Hardware.
B. Rakes, Pails, Shovels, and Hardware.
C. Rakes, Pails, and Shovels.
D. Rakes, Pails, and Hardware.
E. Rakes, Pails, Shovels, Hardware, and Accessories.
Answer: D
You might also like to view...
In what ways can regression analysis be used?
What will be an ideal response?
A strong culture can meet the requirements of ______ in that it provides value and is not easily imitated.
a. economic success b. strategic leadership c. competitive advantage d. competitive disadvantage
The term "media multitaskers" refers to ________
A) competing brands which use the same media vehicle B) people who absorb more than one medium at a time C) media planners who also head the creative department D) media planners who use more than one advertising medium E) ad agencies whose clients are competitors of each other
The ethic of care is associated with which ethical perspective?
A. aristotelian ethics B. confucianism C. altruism D. categorical imperative