Reference no: EM132744502
Corny Co. and its division are engaged solely in manufacturing operations. The FF. Data pertain to the industries in which operations were conducted for the current yr.
Industry Revenue Profit Assets
A 10,000,000 1,750,000 20,000,000
B 8,000,000 1,400,000 17,500,000
C 6,000,000 1,200,000 12,500,000
D 3,000,000 550,000 7,500,000
E 4,250,000 675,000 7,000,000
F 1,500,000 225,000 3,000,000
32,750,000 5,800,000 67,500,000
Problem 1: How many reportable segments does Corny Co. have?