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Short Answer Questions 102.Burnside Corp. is organized into four operating segments. The following segment information was generated by the internal reporting system in 2013: Required: 1) What was the profit or loss of each of these segments? 2) Prepare the profit or loss test to determine which of these segments was separately reportable. Requirements.

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11.The Fratilo Co. had three operating segments with the following information: A. $2,730. B. $2,660. C. $2,800. D. $2,940. E. $2,520. 12.The Rivers Co. had four separate operating segments: A. $57,680. B. $64,960. C. $52,640. D. $78,960. E. $63,560. 13.Which one of the following items must be disclosed for all reportable operating segments in the notes to financial statements? A. I, II, and.

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41.Elektronix, Inc. has three operating segments with the following information: A. DVDs only. B. DVDs and MP3s. C. DVDs and VCRs. D. VCRs and MP3s. E. DVDs, VCRs, and MP3s. 42.Elektronix, Inc. has three operating segments with the following information: A. DVDs only. B. DVDs and MP3s. C. DVDs and VCRs. D. VCRs and MP3s. E. DVDs, VCRs, and MP3s. 43.Elektronix, Inc..

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31.Dean Hardware, Inc. is comprised of five operating segments. Information about each of these segments is as follows (in thousands): A. None. B. Pails. C. Rakes, Pails, and Shovels. D. Rakes and Hardware. E. Rakes, Pails, and Hardware. 32.Schilling, Inc. has three operating segments with the following information: A. $12,000. B. $15,000. C. $15,500. D. $16,200. E. $16,700. 33.Schilling, Inc. has three.

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106.Blanton Corporation is comprised of five operating segments. Information about each of these segments is as follows (in thousands): Required: (a.) Which operating segments are reportable under the revenue test? (b.) What is the total amount of revenues in applying the revenues test? (c.) Which operating segments are reportable under the profit or loss.

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Multiple Choice Questions 1.Generally accepted accounting principles require a U.S. corporation to disclose the following disaggregated information for each operating segment, except: A. Revenues from external customers. B. Discontinued operations. C. Cost of goods sold. D. Depreciation expense. E. Intersegment revenues. 2.Which tests must a company use to determine which operating segments require separate disclosure? A..

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