Business, 07.04.2020 01:12 kaylag8242p2qj2e

Quantitative thresholds for classification as an operating segment Our company has 5 business units that we classify as operating segments. Financial data for these units follows:

($ millions) A B C D E
Sales $13,200 $241,300 $852,373 $1,538,317 $3,470,833
Profit 2,327 (5,738) 23,833 37,533 580,833
Assets 231,837 588,333 5,458,332 2,837,334 12,327,833

a. Calculate the quantitative thresholds and determine which of these operating segments should be disclosed in the footnotes to our financial statements. Show your calculations.
b. Do the required segments meet the 75% test?

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Quantitative thresholds for classification as an operating segment Our company has 5 business units...