Solution-Which segments must canton report supplementary

Which segments must canton report supplementary information

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Reference no: EM132626025

The Canton Corporation operates in four distinct business segments. The segments, along with 2021 information on revenues, assets, and net income, are listed below ($ in thousands):

Segment	Revenues	Assets	Net Income
Pharmaceuticals	$3,700	$2,700	$370
Plastics	4,700	3,200	440
Farm equipment	4,200	2,100	490
Electronics	1,350	420	125
Total company	$13,950	$8,420	$1,425

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Question 1. For which segments must Canton report supplementary information according to U.S. GAAP? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)

Reference no: EM132626025

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Which segments must canton report supplementary information

Reference no: EM132626025

Reference no: EM132626025

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