Prepare a schedule that reports the operating segment

Assignment Help Financial Accounting
Reference no: EM13874281

Baker Company has one reportable segment (Segment L) and several smaller segments. For the current year, Baker Company had revenues of $100,000, profit (pretax) of $40,000, and year end assets of $200,000. Segment L contributes 80% of the total revenues and 70% of the pretax profit, and has 75% of the year end assets of Baker Company. Prepare a schedule that reports the operating segment information for Baker Company.

Reference no: EM13874281

Questions Cloud

Grider company had total revenues : Determine whether Division C is a reportable segment. Justify your conclusion.
Discuss the concept behind their pricing strategy : Using Ryanair as your frame of reference, discuss the concept behind their pricing strategy. Do you agree or disagree with the LLC concept? Why or why not?
What macroeconomic effects of minimum wage change in economy : How this changes in the minimum wage, could possibly affect the unemployment rate? What will be the macroeconomic effects, of minimum wage change in the economy?
Identify porter airlines target customer market : How did Porter Airlines take advantage of a transitory business opportunity in an otherwise difficult market to mitigate several critical forces that could have prevented its success?
Prepare a schedule that reports the operating segment : Baker Company has one reportable segment (Segment L) and several smaller segments.
Explain how a structured product works : Explain how a structured product works
Question regarding the thermodynamic laws : An office worker claims that a cup of cold coffee on his table warmed up to 80°C by picking up energy from the surrounding air, which is at 25°C. Is there any truth to his claim? Does this process violate any thermodynamic laws?
How do you ensure that your perceptions : If someone were to visit your classroom or neighborhood school without knowing anything about the school, would the visitor be able to easily identify your students' SES? Yours?
Why are stis more frequent and severe in women : Compare and contrast the tests used to evaluate the breasts - Compare and contrast the risk factors and epidemiology of endometrial cancer and ovarian cancer.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd