Homework ACC-690 Module Three Quiz Problem 5 Dean hardware, INC, is comprise of five operating...
90.2K
Verified Solution
Link Copied!
Question
Accounting
Homework
ACC-690 Module Three Quiz
Problem 5
Dean hardware, INC, is comprise of five operating segments. Information about each of these segments is as follows(in thousands):
Rakes Pails Shovels Hardware Accessories
Sales 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?
O Rakes, Pails, and Shovels.
O Rakes, Pails, Shovels, and Hardware.
O Rakes,Pails, and Hardware.
O Rakes, Pails, Shovels, Hardware, and Accessories.
O Pails and Hardware
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.