Examlex

Solved

Globecorp International Has Six Operating Segments, the Details of Which

question 43

Essay

Globecorp International has six operating segments, the details of which are shown below. All figures shown are in thousands of dollars.
 Operating Segment  Rerenues  Profits  Assets A01$6,000$1,050$12,000B02$4,800$840$10,500C03$3,600$720$7,500D04$1,800$330$4,500E05$2,550$405$4,200F06$900$135$1,800\begin{array}{|l|l|l|l|}\hline \text { Operating Segment } & \text { Rerenues } & \text { Profits } & \text { Assets } \\\hline \mathrm{A} 01 & \$ 6,000 & \$ 1,050 & \$ 12,000 \\\hline \mathrm{B} 02 & \$ 4,800 & \$ 840 & \$ 10,500 \\\hline \mathrm{C} 03 & \$ 3,600 & \$ 720 & \$ 7,500 \\\hline \mathrm{D} 04 & \$ 1,800 & \$ 330 & \$ 4,500 \\\hline \mathrm{E} 05 & \$ 2,550 & \$ 405 & \$ 4,200 \\\hline \mathrm{F} 06 & \$ 900 & \$ 135 & \$ 1,800 \\\hline\end{array}
-Using ONLY the assets test, determine which of the following segments require separate disclosures.


Definitions:

Destructive Bargaining

Negotiation tactics that seek to undermine or diminish the position of the other party, rather than working toward mutual benefit.

Contract Negotiations

The process of discussing terms and details between parties in order to reach a mutual agreement for a contract.

First Amendment

Part of the Bill of Rights in the United States Constitution, protecting freedoms of speech, religion, press, assembly, and petition.

NLRB

The National Labor Relations Board, a federal agency overseeing the enforcement of labor laws in relation to collective bargaining and unfair labor practices in the U.S.

Related Questions